ADVOKAT 1 AS: årsregnskap 2019 vs 2018
Grew 13% on revenue, weaker earnings
approved 2020-08-27; registry 2020-09-08; journal 2020 772820
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT 1 AS. Revenue 1.90m NOK → 2.15m NOK (+12.8%). Net result +26.1k NOK → +3 882 NOK. Equity 87.1k NOK → 91.0k 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 ADVOKAT 1 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.90m NOK to 2.15m NOK (+12.8% YoY). Calculated
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↑
Equity strengthened
Book equity 87.1k NOK → 91.0k NOK (equity ratio 20.7% → 18.6%). Calculated
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↑
Cash rose
Bank deposits 131.1k NOK → 276.7k NOK (+111.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +26.5k NOK → +3 793 NOK (op. margin 1.4% → 0.2%). Calculated
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↓
Net result weakened
Net result +26.1k NOK → +3 882 NOK (net margin 1.4% → 0.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 590.9k NOK → 655.0k NOK (31% → 31% of revenue). Calculated