ADVOKAT CAMILLA KVAKSRUD AS: årsregnskap 2019 vs 2018
Grew 70% on revenue, weaker earnings
approved 2020-05-25; registry 2020-05-27; journal 2020 395451
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT CAMILLA KVAKSRUD AS. Revenue 386.3k NOK → 655.1k NOK (+69.6%). Net result +249.4k NOK → +23.3k NOK. Equity 499.2k NOK → 526.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKAT CAMILLA KVAKSRUD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 386.3k NOK to 655.1k NOK (+69.6% YoY). Calculated
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Equity strengthened
Book equity 499.2k NOK → 526.1k NOK (equity ratio 140.2% → 78.6%). Calculated
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Cash rose
Bank deposits 96.6k NOK → 416.7k NOK (+331.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.32× → 3.90×. Calculated
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Payroll decreased
Salary cost 595.5k NOK → 262.5k NOK (154% → 40% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +315.3k NOK → +31.1k NOK (op. margin 81.6% → 4.7%). Calculated
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↓
Net result weakened
Net result +249.4k NOK → +23.3k NOK (net margin 64.5% → 3.6%). Calculated
Things to notice
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COGS moved
COGS / varekostnad 3 000 NOK → 15.6k NOK (+420.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 62.2k NOK → 77.9k NOK. Reported fact