ADVOKAT CAMILLA KVAKSRUD AS: årsregnskap 2020 vs 2019
Grew 45% on revenue, stronger earnings
approved 2021-04-12; registry 2021-04-29; journal 2021 238512
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT CAMILLA KVAKSRUD AS. Revenue 655.1k NOK → 951.6k NOK (+45.2%). Net result +23.3k NOK → +322.0k NOK. Equity 526.1k NOK → 647.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT CAMILLA KVAKSRUD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 655.1k NOK to 951.6k NOK (+45.2% YoY). Calculated
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Operating result improved
Operating result +31.1k NOK → +406.7k NOK (op. margin 4.7% → 42.7%). Calculated
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Net result improved
Net result +23.3k NOK → +322.0k NOK (net margin 3.6% → 33.8%). Calculated
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Equity strengthened
Book equity 526.1k NOK → 647.1k NOK (equity ratio 78.6% → 230.3%). Calculated
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Cash rose
Bank deposits 416.7k NOK → 595.5k NOK (+42.9% YoY). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 3.90× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 285.4k NOK → 84.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 262.5k NOK → 989.4k NOK (40% → 104% of revenue). Calculated
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Book investments changed
Investment / intangible book value 77.9k NOK → 155.9k NOK. Reported fact