ADVOKAT LINDA BREVIK AS: årsregnskap 2020 vs 2019
Shrank 37% on revenue, returned to profit
approved 2021-04-28; registry 2021-05-01; journal 2021 245647
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT LINDA BREVIK AS. Revenue 890.1k NOK → 562.4k NOK (-36.8%). Net result -152.2k NOK → +63.0k NOK. Equity 280.0k NOK → 343.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -158.6k NOK → +61.2k NOK (op. margin -17.8% → 10.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 152.2k NOK to a profit of 63.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 280.0k NOK → 343.0k NOK (equity ratio 35.8% → 44.2%). Calculated
-
↑
Cash rose
Bank deposits 100.4k NOK → 355.2k NOK (+253.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 890.1k NOK to 562.4k NOK (-36.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 719.0k NOK → 1.18m NOK (81% → 210% of revenue). Calculated