ADVOKAT CATO SIMONSEN AS: årsregnskap 2019 vs 2018
Grew 20% on revenue
approved 2020-03-30; registry 2020-04-06; journal 2020 280555
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT CATO SIMONSEN AS. Revenue 3.72m NOK → 4.46m NOK (+19.7%). Equity 1.98m NOK → 2.75m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT CATO SIMONSEN AS.
At a glance
Scorecard
Revenue
3.72m NOK
4.46m NOK
+19.7%
Equity
1.98m NOK
2.75m NOK
+39.1%
Cash
1.70m NOK
2.28m NOK
+34.2%
Total assets
2.77m NOK
4.09m NOK
+47.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.72m NOK to 4.46m NOK (+19.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.98m NOK → 2.75m NOK (equity ratio 71.3% → 67.3%). Calculated
-
↑
Cash rose
Bank deposits 1.70m NOK → 2.28m NOK (+34.2% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.20m NOK → 2.76m NOK (59% → 62% of revenue). Calculated