Org.nr 915 337 147 2019 → 2020 Year-over-year analysis

ADVOKAT TROND BITI AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-04-07; registry 2021-04-10; journal 2021 192456

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT TROND BITI AS. Revenue 2.07m NOK → 2.09m NOK (+1.1%). Equity 19.9k NOK → 34.4k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKAT TROND BITI AS.

At a glance

Revenue

2.07m NOK 2.09m NOK

+1.1%

Operating result

n/m +15.3k NOK

—

Net result

n/m +14.5k NOK

—

Equity

19.9k NOK 34.4k NOK

+73.1%

Cash

661.5k NOK 956.0k NOK

+44.5%

Total assets

56.9k NOK 1.05m NOK

+1744.0%

↑
Revenue rose

Operating income / revenue moved from 2.07m NOK to 2.09m NOK (+1.1% YoY). Calculated
↑
Equity strengthened

Book equity 19.9k NOK → 34.4k NOK (equity ratio 35.0% → 3.3%). Calculated
↑
Cash rose

Bank deposits 661.5k NOK → 956.0k NOK (+44.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 5 175 NOK → 44.0k NOK (+749.7% YoY). Calculated