ADVOKAT LARS REINSNOS AS: årsregnskap 2020 vs 2019
Shrank 14% on revenue
approved 2021-03-23; registry 2021-03-25; journal 2021 168868
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT LARS REINSNOS AS. Revenue 3.72m NOK → 3.21m NOK (-13.7%). Net result +1.95m NOK → +1.63m NOK. Equity 2.14m NOK → 2.26m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT LARS REINSNOS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.14m NOK → 2.26m NOK (equity ratio 55.3% → 64.1%). Calculated
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↑
Cash rose
Bank deposits 493.8k NOK → 730.5k NOK (+47.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 616.3k NOK → 604.9k NOK (17% → 19% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.72m NOK to 3.21m NOK (-13.7% YoY). Calculated
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↓
Operating result weakened
Operating result +2.40m NOK → +1.97m NOK (op. margin 64.6% → 61.5%). Calculated
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↓
Net result weakened
Net result +1.95m NOK → +1.63m NOK (net margin 52.4% → 50.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 74.9k NOK → 9 882 NOK (-86.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 631.8k NOK → 981.8k NOK. Reported fact