ADVOKAT CHRISTIAN STANG VÅLAND AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-06-30; registry 2020-07-21; journal 2020 627342
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT CHRISTIAN STANG VÅLAND AS. Net result -549.2k NOK → +515.5k NOK. Equity 8.05m NOK → 7.57m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-37.8k NOK
-23.4k NOK
+38.2%
Net result
-549.2k NOK
+515.5k NOK
+193.9%
Equity
8.05m NOK
7.57m NOK
-6.0%
Cash
11.52m NOK
8.94m NOK
-22.4%
Total assets
11.79m NOK
9.20m NOK
-22.0%
What improved
-
↑
Operating result improved
Operating result -37.8k NOK → -23.4k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 549.2k NOK to a profit of 515.5k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 8.05m NOK → 7.57m NOK (equity ratio 68.3% → 82.3%). Calculated
-
↓
Cash fell
Bank deposits 11.52m NOK → 8.94m NOK (-22.4% YoY). Calculated