ADVOKAT ANNA THERESE FLATMO AS: årsregnskap 2019 vs 2018
Grew 82300% on revenue, weaker earnings, cash halved-plus
approved 2020-04-14; registry 2020-04-16; journal 2020 291471
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT ANNA THERESE FLATMO AS. Revenue 2 593 NOK → 2.14m NOK (+82299.6%). Net result +544.7k NOK → +292.5k NOK. Equity 566.1k NOK → 708.6k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT ANNA THERESE FLATMO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 593 NOK to 2.14m NOK (+82299.6% YoY). Calculated
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↑
Equity strengthened
Book equity 566.1k NOK → 708.6k NOK (equity ratio 41.4% → 49.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +703.2k NOK → +347.2k NOK (op. margin 27118.9% → 16.3%). Calculated
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↓
Net result weakened
Net result +544.7k NOK → +292.5k NOK (net margin 21007.2% → 13.7%). Calculated
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↓
Cash fell
Bank deposits 593.8k NOK → 76.2k NOK (-87.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 088 NOK → 1.90m NOK (42% → 89% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 149.9k NOK → 296.8k NOK (+98.0% YoY). Calculated