FirmaIQ
Org.nr 818 120 842 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET SIRI K. KARLSEN AS: årsregnskap 2020 vs 2019

Grew 6% on revenue

approved 2020-12-31; registry 2021-04-27; journal 2021 231756

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET SIRI K. KARLSEN AS. Revenue 2.52m NOK → 2.67m NOK (+6.1%). Net result +60.3k NOK → +54.4k NOK. Equity 14.68m NOK → 12.7k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIRI K. KARLSEN AS.

At a glance

Scorecard

Revenue
2.52m NOK 2.67m NOK
+6.1%
Operating result
+56.8k NOK +54.4k NOK
-4.3%
Net result
+60.3k NOK +54.4k NOK
-9.8%
Equity
14.68m NOK 12.7k NOK
-99.9%
Cash
203.6k NOK 477.6k NOK
+134.6%
Total assets
1.06m NOK 1.12m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.52m NOK to 2.67m NOK (+6.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 203.6k NOK → 477.6k NOK (+134.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +56.8k NOK → +54.4k NOK (op. margin 2.3% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +60.3k NOK → +54.4k NOK (net margin 2.4% → 2.0%). Calculated

  • ↓

    Equity eroded

    Book equity 14.68m NOK → 12.7k NOK (equity ratio 1379.0% → 1.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 39.1k NOK → 646.0k NOK (+1554.1% YoY). Calculated