ADVOKAT GUNN-MARI KJØLBERG AS: årsregnskap 2020 vs 2019
Grew 42% on revenue, stronger earnings
approved 2021-04-26; registry 2021-05-01; journal 2021 246001
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT GUNN-MARI KJØLBERG AS. Revenue 1.80m NOK → 2.56m NOK (+41.9%). Net result +284.0k NOK → +406.5k NOK. Equity 47.3k NOK → 453.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT GUNN-MARI KJØLBERG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.80m NOK to 2.56m NOK (+41.9% YoY). Calculated
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Operating result improved
Operating result +362.8k NOK → +531.0k NOK (op. margin 20.1% → 20.8%). Calculated
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Net result improved
Net result +284.0k NOK → +406.5k NOK (net margin 15.8% → 15.9%). Calculated
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Equity strengthened
Book equity 47.3k NOK → 453.8k NOK (equity ratio 6.6% → 92.3%). Calculated
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Cash rose
Bank deposits 406.8k NOK → 474.3k NOK (+16.6% YoY). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 1.07× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 9 261 NOK → 243.1k NOK (+2525.1% YoY). Calculated