ADVOKATFIRMAET LIBERTUS AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-04-30; registry 2021-05-04; journal 2021 259058
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LIBERTUS AS. Revenue 2.66m NOK → 2.53m NOK (-5.0%). Net result +141.2k NOK → -28.3k NOK. Equity 488.7k NOK → 460.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.96m NOK → 1.87m NOK (74% → 74% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.66m NOK to 2.53m NOK (-5.0% YoY). Calculated
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↓
Operating result weakened
Operating result +170.0k NOK → -47.6k NOK (op. margin 6.4% → -1.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 141.2k NOK profit to a loss of 28.3k NOK. Calculated
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↓
Equity eroded
Book equity 488.7k NOK → 460.4k NOK (equity ratio 0.0% → 43.4%). Calculated
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↓
Cash fell
Bank deposits 616.5k NOK → 405.4k NOK (-34.2% YoY). Calculated