ADVOKATFIRMAET ROGSTAD AS: årsregnskap 2020 vs 2019
Shrank 18% on revenue, slipped into loss
registry 2021-05-06; journal 2021 267875
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET ROGSTAD AS. Revenue 34.97m NOK → 28.58m NOK (-18.3%). Net result +721.7k NOK → -1.88m NOK. Equity 2.76m NOK → 880.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ROGSTAD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 3.79m NOK → 5.34m NOK (+40.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 34.97m NOK to 28.58m NOK (-18.3% YoY). Calculated
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↓
Operating result weakened
Operating result +881.3k NOK → -2.45m NOK (op. margin 2.5% → -8.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 721.7k NOK profit to a loss of 1.88m NOK. Calculated
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↓
Equity eroded
Book equity 2.76m NOK → 880.9k NOK (equity ratio 25.1% → 7.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.19× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 954.9k NOK → 339.9k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 30 → 25. Reported fact