FirmaIQ
Org.nr 912 604 764 2019 → 2020 Year-over-year analysis

ADVOKATSENTERET AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-07-08; registry 2021-08-19; journal 2021 647727

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATSENTERET AS. Revenue 924.9k NOK → 934.6k NOK (+1.0%). Net result +23.6k NOK → +7 602 NOK. Equity 108.2k NOK → 115.8k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
924.9k NOK 934.6k NOK
+1.0%
Operating result
+28.2k NOK +12.5k NOK
-55.8%
Net result
+23.6k NOK +7 602 NOK
-67.8%
Equity
108.2k NOK 115.8k NOK
+7.0%
Cash
135.0k NOK 227.5k NOK
+68.5%
Total assets
209.7k NOK 305.7k NOK
+45.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 924.9k NOK to 934.6k NOK (+1.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 108.2k NOK → 115.8k NOK (equity ratio 51.6% → 37.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 135.0k NOK → 227.5k NOK (+68.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 108.2k NOK → 115.8k NOK (+7 602 NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 33.6k NOK → 15.2k NOK (4% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +28.2k NOK → +12.5k NOK (op. margin 3.0% → 1.3%). Calculated

  • ↓

    Net result weakened

    Net result +23.6k NOK → +7 602 NOK (net margin 2.6% → 0.8%). Calculated