ADVOKAT SIGRID BROCH AS: årsregnskap 2020 vs 2019
Grew 60% on revenue, returned to profit
approved 2021-04-28; registry 2021-05-03; journal 2021 255142
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT SIGRID BROCH AS. Revenue 508.1k NOK → 814.8k NOK (+60.4%). Net result -67.6k NOK → +52.6k NOK. Equity 192.3k NOK → 245.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIGRID BROCH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 508.1k NOK to 814.8k NOK (+60.4% YoY). Calculated
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↑
Operating result improved
Operating result -67.7k NOK → +53.0k NOK (op. margin -13.3% → 6.5%). Calculated
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Turned profitable
Net result flipped from a loss of 67.6k NOK to a profit of 52.6k NOK. Calculated
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Equity strengthened
Book equity 192.3k NOK → 245.0k NOK (equity ratio 61.6% → 55.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 125.8k NOK → 71.8k NOK (-42.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 268.9k NOK → 445.6k NOK (53% → 55% of revenue). Calculated