FirmaIQ
Org.nr 920 234 798 2019 → 2020 Year-over-year analysis

ADVOKATKONTORET NORDENFJELDSKE AS: årsregnskap 2020 vs 2019

Shrank 10% on revenue

registry 2021-06-03; journal 2021 254662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATKONTORET NORDENFJELDSKE AS. Revenue 2.25m NOK → 2.02m NOK (-10.3%). Net result +28 NOK → +3 472 NOK. Equity 51.4k NOK → 51.8k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.25m NOK 2.02m NOK
-10.3%
Operating result
+851 NOK +29.5k NOK
+3367.2%
Net result
+28 NOK +3 472 NOK
+12300.0%
Equity
51.4k NOK 51.8k NOK
+0.9%
Cash
21.5k NOK 94.0k NOK
+338.1%
Total assets
292.2k NOK 290.4k NOK
-0.6%

What improved

  • ↑

    Operating result improved

    Operating result +851 NOK → +29.5k NOK (op. margin 0.0% → 1.5%). Calculated

  • ↑

    Net result improved

    Net result +28 NOK → +3 472 NOK (net margin 0.0% → 0.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 21.5k NOK → 94.0k NOK (+338.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.25m NOK to 2.02m NOK (-10.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.15m NOK → 1.81m NOK (51% → 90% of revenue). Calculated