ADVOKAT ANDERS STUB SØTORP AS: årsregnskap 2020 vs 2019
A steady year on the published lines
approved 2021-02-23; registry 2021-03-01; journal 2021 129290
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT ANDERS STUB SØTORP AS. Revenue 2.37m NOK → 2.29m NOK (-3.4%). Net result +412.8k NOK → +439.0k NOK. Equity 10.19m NOK → 10.18m NOK.
On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT ANDERS STUB SØTORP AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +533.8k NOK → +564.9k NOK (op. margin 22.5% → 24.7%). Calculated
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Net result improved
Net result +412.8k NOK → +439.0k NOK (net margin 17.4% → 19.2%). Calculated
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Current ratio back above 1×
Current ratio 0.08× → 1.20×. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.37m NOK to 2.29m NOK (-3.4% YoY). Calculated
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↓
Equity eroded
Book equity 10.19m NOK → 10.18m NOK (equity ratio 1064.5% → 1066.8%). Calculated
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Cash fell
Bank deposits 485.7k NOK → 429.0k NOK (-11.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 3 NOK → 3.10m NOK (0% → 135% of revenue). Calculated
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COGS moved
COGS / varekostnad 346.2k NOK → 13.45m NOK (+3786.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 6 000 NOK → 8 000 NOK. Reported fact