ADVOKAT CAMILLA HAGEN AS: årsregnskap 2020 vs 2019
Grew 602% on revenue, weaker earnings
approved 2021-04-30; registry 2021-05-03; journal 2021 254408
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT CAMILLA HAGEN AS. Revenue 292.9k NOK → 2.06m NOK (+601.7%). Net result +374.3k NOK → +3 019 NOK. Equity 754.0k NOK → 757.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT CAMILLA HAGEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 292.9k NOK to 2.06m NOK (+601.7% YoY). Calculated
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↑
Equity strengthened
Book equity 754.0k NOK → 757.0k NOK (equity ratio 223.1% → 60.7%). Calculated
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↑
Cash rose
Bank deposits 489.9k NOK → 693.4k NOK (+41.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.40× → 2.31×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +468.9k NOK → +453.5k NOK (op. margin 160.1% → 22.1%). Calculated
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↓
Net result weakened
Net result +374.3k NOK → +3 019 NOK (net margin 127.8% → 0.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.33m NOK → 1.67m NOK (453% → 81% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 28.8k NOK → 11.3k NOK (-60.6% YoY). Calculated