ADNOR ADVOKAT AS: årsregnskap 2019 vs 2018
Grew 10% on revenue
approved 2020-06-01; registry 2020-06-06; journal 2020 431902
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADNOR ADVOKAT AS. Revenue 21.20m NOK → 23.24m NOK (+9.6%). Net result +4 843 NOK → +9 932 NOK. Equity 492.7k NOK → 482.6k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADNOR ADVOKAT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.20m NOK to 23.24m NOK (+9.6% YoY). Calculated
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↑
Net result improved
Net result +4 843 NOK → +9 932 NOK (net margin 0.0% → 0.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 492.7k NOK → 482.6k NOK (equity ratio 6.1% → 6.2%). Calculated
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↓
Cash fell
Bank deposits 2.67m NOK → 1.92m NOK (-28.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 364.0k NOK → 344.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 14.71m NOK → 15.93m NOK (69% → 69% of revenue). Calculated