ADVOKAT24 AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-04-30; registry 2021-05-03; journal 2021 256824
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT24 AS. Revenue 7.63m NOK → 7.50m NOK (-1.7%). Net result +972.7k NOK → +286.1k NOK. Equity 10 NOK → 2.05m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; 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 +162.3k NOK → +480.0k NOK (op. margin 2.1% → 6.4%). Calculated
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↑
Equity strengthened
Book equity 10 NOK → 2.05m NOK (equity ratio 0.0% → 26.1%). Calculated
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↑
Cash rose
Bank deposits 611.1k NOK → 741.7k NOK (+21.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.63m NOK to 7.50m NOK (-1.7% YoY). Calculated
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↓
Net result weakened
Net result +972.7k NOK → +286.1k NOK (net margin 12.8% → 3.8%). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.20m NOK → 4.50m NOK (55% → 60% of revenue). Calculated