ADVOKATFIRMAET BERGGREN AS: årsregnskap 2020 vs 2019
Shrank 87% on revenue, stronger earnings, cash halved-plus
approved 2021-04-16; registry 2021-04-19; journal 2021 210366
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET BERGGREN AS. Revenue 958.6k NOK → 121.7k NOK (-87.3%). Net result +26.5k NOK → +588.3k NOK. Equity 201.0k NOK → 789.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERGGREN AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +34.2k NOK → +755.5k NOK (op. margin 3.6% → 621.0%). Calculated
-
↑
Net result improved
Net result +26.5k NOK → +588.3k NOK (net margin 2.8% → 483.6%). Calculated
-
↑
Equity strengthened
Book equity 201.0k NOK → 789.3k NOK (equity ratio 34.7% → 131.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 958.6k NOK to 121.7k NOK (-87.3% YoY). Calculated
-
↓
Cash fell
Bank deposits 432.5k NOK → 3 586 NOK (-99.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.53× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 616.3k NOK → 1.05m NOK (64% → 864% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 344 NOK → 1 384 NOK. Reported fact