ADVOKAT ELI ANNE TANBERG FINNE AS: årsregnskap 2020 vs 2019
Shrank 11% on revenue
registry 2021-05-03; journal 2021 252902
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT ELI ANNE TANBERG FINNE AS. Revenue 2.45m NOK → 2.19m NOK (-10.8%). Net result +303.7k NOK → +251.5k NOK. Equity 811.3k NOK → 962.8k NOK.
On the constructive side: equity strengthened; cash rose. 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 ELI ANNE TANBERG FINNE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 811.3k NOK → 962.8k NOK (equity ratio 50.3% → 53.7%). Calculated
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↑
Cash rose
Bank deposits -30.3k NOK → 136.5k NOK (+551.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.45m NOK to 2.19m NOK (-10.8% YoY). Calculated
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↓
Operating result weakened
Operating result +412.9k NOK → +340.4k NOK (op. margin 16.8% → 15.6%). Calculated
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↓
Net result weakened
Net result +303.7k NOK → +251.5k NOK (net margin 12.4% → 11.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.10m NOK → 1.11m NOK (45% → 51% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 359.8k NOK → 344.0k NOK (-4.4% YoY). Calculated