ADVOKAT PER KJETIL STAUTLAND AS: årsregnskap 2020 vs 2019
Grew 11% on revenue, weaker earnings
approved 2021-06-03; registry 2021-06-07; journal 2021 396157
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT PER KJETIL STAUTLAND AS. Revenue 2.08m NOK → 2.30m NOK (+10.5%). Net result +940.3k NOK → +125.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT PER KJETIL STAUTLAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.08m NOK to 2.30m NOK (+10.5% YoY). Calculated
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↑
Operating result improved
Operating result +413.3k NOK → +916.8k NOK (op. margin 19.8% → 39.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +940.3k NOK → +125.0k NOK (net margin 45.2% → 5.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.21m NOK → 2.82m NOK (58% → 122% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 7.98m NOK → 6.04m NOK. Reported fact