ADVOKAT DAG BERNTSEN AS: årsregnskap 2019 vs 2018
Grew 5% on revenue, cash halved-plus
approved 2019-12-31; registry 2020-05-02; journal 2020 322121
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT DAG BERNTSEN AS. Revenue 1.69m NOK → 1.79m NOK (+5.4%). Net result +237.7k NOK → +275.7k NOK. Equity 10.53m NOK → 10.80m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT DAG BERNTSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.69m NOK to 1.79m NOK (+5.4% YoY). Calculated
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Operating result improved
Operating result +339.8k NOK → +379.8k NOK (op. margin 20.1% → 21.3%). Calculated
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Net result improved
Net result +237.7k NOK → +275.7k NOK (net margin 14.0% → 15.4%). Calculated
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↑
Equity strengthened
Book equity 10.53m NOK → 10.80m NOK (equity ratio 3197.0% → 707.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 65.1k NOK → 22.3k NOK (-65.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 814.7k NOK (0% → 46% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 125.5k NOK → 5 000 NOK. Reported fact