ADVOKAT VAHID ALA'I AS: årsregnskap 2020 vs 2019
Shrank 43% on revenue, slipped into loss
approved 2021-04-23; registry 2021-04-26; journal 2021 229370
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT VAHID ALA'I AS. Revenue 380.3k NOK → 217.3k NOK (-42.9%). Net result +82.6k NOK → -33.2k NOK. Equity 227.2k NOK → 193.9k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 82.8k NOK → 184.9k NOK (+123.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.13m NOK → 127.9k NOK (560% → 59% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 380.3k NOK to 217.3k NOK (-42.9% YoY). Calculated
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↓
Operating result weakened
Operating result +105.9k NOK → -42.6k NOK (op. margin 27.9% → -19.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 82.6k NOK profit to a loss of 33.2k NOK. Calculated
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↓
Equity eroded
Book equity 227.2k NOK → 193.9k NOK (equity ratio 74.5% → 69.7%). Calculated