ADVOKAT ANNA THERESE FLATMO AS: årsregnskap 2020 vs 2019
Shrank 14% on revenue
approved 2021-04-20; registry 2021-04-22; journal 2021 217675
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT ANNA THERESE FLATMO AS. Revenue 2.14m NOK → 1.84m NOK (-13.7%). Net result +292.5k NOK → +236.2k NOK. Equity 708.6k NOK → 944.8k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ANNA THERESE FLATMO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 708.6k NOK → 944.8k NOK (equity ratio 49.0% → 60.0%). Calculated
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↑
Cash rose
Bank deposits 76.2k NOK → 616.1k NOK (+708.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.90m NOK → 561.7k NOK (89% → 30% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.14m NOK to 1.84m NOK (-13.7% YoY). Calculated
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↓
Operating result weakened
Operating result +347.2k NOK → +273.6k NOK (op. margin 16.3% → 14.8%). Calculated
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↓
Net result weakened
Net result +292.5k NOK → +236.2k NOK (net margin 13.7% → 12.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 296.8k NOK → 283.2k NOK (-4.6% YoY). Calculated