ADVOKATFIRMAET ALM AS: årsregnskap 2020 vs 2019
Shrank 11% on revenue, slipped into loss
approved 2021-04-29; registry 2021-05-10; journal 2021 272030
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ALM AS. Revenue 543.3k NOK → 485.3k NOK (-10.7%). Net result +819 NOK → -26.1k NOK. Equity 453.3k NOK → 427.2k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ALM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 412.2k NOK → 434.8k NOK (+5.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 294.0k NOK → 260.5k NOK (54% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 543.3k NOK to 485.3k NOK (-10.7% YoY). Calculated
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↓
Operating result weakened
Operating result -1 736 NOK → -28.3k NOK (op. margin -0.3% → -5.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 819 NOK profit to a loss of 26.1k NOK. Calculated
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↓
Equity eroded
Book equity 453.3k NOK → 427.2k NOK (equity ratio 80.5% → 83.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 12.7k NOK → 1 992 NOK (-84.3% YoY). Calculated