ADVOKATFIRMA ASPEFLATEN AS: årsregnskap 2020 vs 2019
Shrank 21% on revenue, returned to profit
approved 2021-02-16; registry 2021-05-03; journal 2021 254508
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA ASPEFLATEN AS. Revenue 978.9k NOK → 770.5k NOK (-21.3%). Net result -83.6k NOK → +15.4k NOK. Equity -72.0k NOK → -56.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -78.3k NOK → +18.6k NOK (op. margin -8.0% → 2.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 83.6k NOK to a profit of 15.4k NOK. Calculated
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↑
Equity strengthened
Book equity -72.0k NOK → -56.6k NOK (equity ratio -31.6% → -30.5%). Calculated
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↑
Cash rose
Bank deposits 16.2k NOK → 20.0k NOK (+23.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 978.9k NOK to 770.5k NOK (-21.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 701 NOK → 5.38m NOK (0% → 698% of revenue). Calculated