ADVOKATFIRMAET AAE AS: årsregnskap 2020 vs 2019
A steady year on the published lines
approved 2021-03-01; registry 2021-03-04; journal 2021 134729
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET AAE AS. Revenue 6.86m NOK → 7.01m NOK (+2.2%). Net result +370.9k NOK → +409.4k NOK. Equity 586.5k NOK → 245.9k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET AAE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.86m NOK to 7.01m NOK (+2.2% YoY). Calculated
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↑
Net result improved
Net result +370.9k NOK → +409.4k NOK (net margin 5.4% → 5.8%). Calculated
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↑
Cash rose
Bank deposits 674.2k NOK → 876.9k NOK (+30.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 586.5k NOK → 245.9k NOK (equity ratio 27.9% → 11.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.95m NOK → 5.06m NOK (72% → 72% of revenue). Calculated