ADVOKAT CAMILLA SOLBAKKEN AS: årsregnskap 2019 vs 2018
Grew 41% on revenue, stronger earnings
approved 2020-05-04; registry 2020-05-28; journal 2020 403311
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT CAMILLA SOLBAKKEN AS. Revenue 430.7k NOK → 606.2k NOK (+40.7%). Net result +55.2k NOK → +7.22m NOK. Equity 79.6k NOK → 7.20m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT CAMILLA SOLBAKKEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 430.7k NOK to 606.2k NOK (+40.7% YoY). Calculated
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Operating result improved
Operating result +74.9k NOK → +289.1k NOK (op. margin 17.4% → 47.7%). Calculated
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Net result improved
Net result +55.2k NOK → +7.22m NOK (net margin 12.8% → 1191.5%). Calculated
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Equity strengthened
Book equity 79.6k NOK → 7.20m NOK (equity ratio 22.8% → 1160.0%). Calculated
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Cash rose
Bank deposits 157.2k NOK → 163.9k NOK (+4.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 250 NOK → 949.2k NOK (1% → 157% of revenue). Calculated