ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2020 vs 2019
Shrank 94% on revenue, stronger earnings
approved 2021-04-21; registry 2021-04-29; journal 2021 238758
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 918.2k NOK → 59.0k NOK (-93.6%). Net result +37.9k NOK → +107.2k NOK. Equity 159.3k NOK → 266.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +84.3k NOK → +160.3k NOK (op. margin 9.2% → 271.6%). Calculated
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Net result improved
Net result +37.9k NOK → +107.2k NOK (net margin 4.1% → 181.5%). Calculated
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Equity strengthened
Book equity 159.3k NOK → 266.5k NOK (equity ratio 35.1% → 57.4%). Calculated
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Cash rose
Bank deposits 22.0k NOK → 40.0k NOK (+81.7% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 918.2k NOK to 59.0k NOK (-93.6% YoY). Calculated
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Payroll up without matching revenue
Salary cost 473.3k NOK → 566.4k NOK (52% → 959% of revenue). Calculated
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COGS moved
COGS / varekostnad -4 046 NOK → 2 991 NOK (+173.9% YoY). Calculated