ADVOKATFIRMAET LINDSTRØM AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-03-22; registry 2021-04-19; journal 2021 207398
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET LINDSTRØM AS. Revenue 2.49m NOK → 2.55m NOK (+2.2%). Net result +222.0k NOK → +101.6k NOK. Equity 872.6k NOK → 974.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LINDSTRØM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.49m NOK to 2.55m NOK (+2.2% YoY). Calculated
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↑
Equity strengthened
Book equity 872.6k NOK → 974.2k NOK (equity ratio 54.2% → 55.7%). Calculated
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↑
Cash rose
Bank deposits 617.2k NOK → 819.2k NOK (+32.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +283.6k NOK → +129.3k NOK (op. margin 11.4% → 5.1%). Calculated
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↓
Net result weakened
Net result +222.0k NOK → +101.6k NOK (net margin 8.9% → 4.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.73m NOK → 1.78m NOK (69% → 70% of revenue). Calculated