FirmaIQ
Org.nr 989 198 270 2019 → 2020 Year-over-year analysis

ADVOKAT SVEIN BERGSET HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-08-18; registry 2021-09-06; journal 2021 722958

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT SVEIN BERGSET HOLDING AS. Net result -1.84m NOK → +800.2k NOK. Equity 2.02m NOK → 2.82m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT SVEIN BERGSET HOLDING AS.

At a glance

Scorecard

Operating result
-3 693 NOK -5 957 NOK
-61.3%
Net result
-1.84m NOK +800.2k NOK
+143.4%
Equity
2.02m NOK 2.82m NOK
+39.6%
Cash
286.7k NOK 165.8k NOK
-42.2%
Total assets
2.24m NOK 2.92m NOK
+30.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.84m NOK to a profit of 800.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.02m NOK → 2.82m NOK (equity ratio 90.4% → 96.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 693 NOK → -5 957 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 286.7k NOK → 165.8k NOK (-42.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.48× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.76m NOK → 2 NOK. Reported fact