ADVOKAT ANNELI BENDIKSEN AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-02-24; registry 2020-03-16; journal 2020 242996
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT ANNELI BENDIKSEN AS. Revenue 2.10m NOK → 2.13m NOK (+1.8%). Net result +251.1k NOK → +367.6k NOK. Equity 909.5k NOK → 27.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT ANNELI BENDIKSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.10m NOK to 2.13m NOK (+1.8% YoY). Calculated
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↑
Operating result improved
Operating result +331.3k NOK → +472.5k NOK (op. margin 15.8% → 22.2%). Calculated
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↑
Net result improved
Net result +251.1k NOK → +367.6k NOK (net margin 12.0% → 17.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 909.5k NOK → 27.1k NOK (equity ratio 43.4% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 1.30m NOK → 979.9k NOK (-24.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation