ADVOKAT ANNICKEN IVERSEN AS: årsregnskap 2020 vs 2019
Shrank 32% on revenue, weaker earnings
approved 2021-03-06; registry 2021-04-29; journal 2021 238144
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT ANNICKEN IVERSEN AS. Revenue 914.3k NOK → 618.1k NOK (-32.4%). Net result +120.6k NOK → +43.1k NOK. Equity 165.0k NOK → 208.1k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 165.0k NOK → 208.1k NOK (equity ratio 46.2% → 59.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 914.3k NOK to 618.1k NOK (-32.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +154.0k NOK → +57.4k NOK (op. margin 16.8% → 9.3%). Calculated
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↓
Net result weakened
Net result +120.6k NOK → +43.1k NOK (net margin 13.2% → 7.0%). Calculated
-
↓
Cash fell
Bank deposits 325.7k NOK → 235.3k NOK (-27.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 660 NOK → 319.0k NOK (0% → 52% of revenue). Calculated