ADVOKAT KRISTINE SNYDER AS: årsregnskap 2020 vs 2019
Shrank 99% on revenue, stronger earnings
approved 2021-04-26; registry 2021-05-01; journal 2021 245321
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT KRISTINE SNYDER AS. Revenue 188.3k NOK → 1 075 NOK (-99.4%). Net result +92.2k NOK → +2.30m NOK. Equity 2.12m NOK → 419.6k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +121.0k NOK → +387.6k NOK (op. margin 64.3% → 36051.6%). Calculated
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Net result improved
Net result +92.2k NOK → +2.30m NOK (net margin 48.9% → 213712.9%). Calculated
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Cash rose
Bank deposits 89.8k NOK → 380.5k NOK (+323.9% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 188.3k NOK to 1 075 NOK (-99.4% YoY). Calculated
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Equity eroded
Book equity 2.12m NOK → 419.6k NOK (equity ratio 950.5% → 72.0%). Calculated
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Payroll up without matching revenue
Salary cost 584 NOK → 6 255 NOK (0% → 582% of revenue). Calculated
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COGS moved
COGS / varekostnad 13.9k NOK → 304.5k NOK (+2082.9% YoY). Calculated