ADVOKATFIRMAET AUXILIUM AS: årsregnskap 2020 vs 2019
Grew 306566% on revenue, stronger earnings
approved 2021-05-18; registry 2021-05-20; journal 2021 304128
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET AUXILIUM AS. Revenue 1 060 NOK → 3.25m NOK (+306565.9%). Net result +53.8k NOK → +800.2k NOK. Equity 83.8k NOK → 4.88m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET AUXILIUM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 060 NOK to 3.25m NOK (+306565.9% YoY). Calculated
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Operating result improved
Operating result +69.4k NOK → +1.06m NOK (op. margin 6547.5% → 32.7%). Calculated
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Net result improved
Net result +53.8k NOK → +800.2k NOK (net margin 5074.9% → 24.6%). Calculated
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Equity strengthened
Book equity 83.8k NOK → 4.88m NOK (equity ratio 12.7% → 519.2%). Calculated
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Cash rose
Bank deposits 195.1k NOK → 453.8k NOK (+132.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 3 508 NOK → 1.39m NOK (331% → 43% of revenue). Calculated
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Book investments changed
Investment / intangible book value 37.5k NOK → 78.4k NOK. Reported fact