ADVOKATFIRMAET ØSTBERG AS: årsregnskap 2020 vs 2019
Grew 117% on revenue, slipped into loss
approved 2021-04-27; registry 2021-05-03; journal 2021 256952
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ØSTBERG AS. Revenue 314.1k NOK → 681.0k NOK (+116.8%). Net result +41.6k NOK → -21.7k NOK. Equity 239.3k NOK → 217.6k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 314.1k NOK to 681.0k NOK (+116.8% YoY). Calculated
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↑
Cash rose
Bank deposits 127.1k NOK → 301.3k NOK (+137.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 970.6k NOK → 440.8k NOK (309% → 65% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +53.7k NOK → -29.8k NOK (op. margin 17.1% → -4.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 41.6k NOK profit to a loss of 21.7k NOK. Calculated
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↓
Equity eroded
Book equity 239.3k NOK → 217.6k NOK (equity ratio 43.6% → 63.5%). Calculated