ADVOKAT BJØRN L G BRAATHEN AS: årsregnskap 2019 vs 2018
Shrank 47% on revenue, slipped into loss
approved 2020-05-26; registry 2020-06-10; journal 2020 446813
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT BJØRN L G BRAATHEN AS. Revenue 238.3k NOK → 125.1k NOK (-47.5%). Net result +62.5k NOK → -18.8k NOK. Equity 220.0k NOK → 201.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
238.3k NOK
125.1k NOK
-47.5%
Operating result
n/m
-24.5k NOK
—
Net result
+62.5k NOK
-18.8k NOK
-130.1%
Equity
220.0k NOK
201.2k NOK
-8.5%
Cash
334.5k NOK
347.2k NOK
+3.8%
Total assets
427.8k NOK
393.3k NOK
-8.1%
What improved
-
↑
Cash rose
Bank deposits 334.5k NOK → 347.2k NOK (+3.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 238.3k NOK to 125.1k NOK (-47.5% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 62.5k NOK profit to a loss of 18.8k NOK. Calculated
-
↓
Equity eroded
Book equity 220.0k NOK → 201.2k NOK (equity ratio 51.4% → 51.1%). Calculated