ADVOKAT SIGNE BLEKASTAD AS: årsregnskap 2020 vs 2019
Shrank 9% on revenue, returned to profit, cash halved-plus
registry 2021-04-28; journal 2021 232801
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT SIGNE BLEKASTAD AS. Revenue 1.21m NOK → 1.11m NOK (-8.7%). Net result -28.0k NOK → +79.8k NOK. Equity -22.0k NOK → 57.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; 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 -35.5k NOK → +102.5k NOK (op. margin -2.9% → 9.3%). Calculated
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Turned profitable
Net result flipped from a loss of 28.0k NOK to a profit of 79.8k NOK. Calculated
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Equity strengthened
Book equity -22.0k NOK → 57.8k NOK (equity ratio -7.5% → 19.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.21m NOK to 1.11m NOK (-8.7% YoY). Calculated
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Cash fell
Bank deposits 3 395 NOK → 777 NOK (-77.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 857.2k NOK → 2.68m NOK (71% → 242% of revenue). Calculated