ADVOKAT BRATTENG AS: årsregnskap 2019 vs 2018
Grew 133% on revenue, stronger earnings
approved 2020-04-15; registry 2020-04-29; journal 2020 318195
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT BRATTENG AS. Revenue 1.27m NOK → 2.97m NOK (+133.4%). Net result +7 935 NOK → +117.7k NOK. Equity 209.4k NOK → 327.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT BRATTENG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.27m NOK to 2.97m NOK (+133.4% YoY). Calculated
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Operating result improved
Operating result +13.7k NOK → +164.8k NOK (op. margin 1.1% → 5.6%). Calculated
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Net result improved
Net result +7 935 NOK → +117.7k NOK (net margin 0.6% → 4.0%). Calculated
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↑
Equity strengthened
Book equity 209.4k NOK → 327.1k NOK (equity ratio 44.7% → 33.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 116.1k NOK → 110.1k NOK (-5.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 754.4k NOK → 1.78m NOK (59% → 60% of revenue). Calculated