ADVOKAT ERIK JØNSSON AS: årsregnskap 2019 vs 2018
Shrank 21% on revenue, weaker earnings
approved 2020-04-30; registry 2020-06-03; journal 2020 424543
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT ERIK JØNSSON AS. Revenue 908.2k NOK → 713.5k NOK (-21.4%). Net result +409.0k NOK → +314.5k NOK. Equity 168.7k NOK → 283.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 168.7k NOK → 283.2k NOK (equity ratio 11.6% → 27.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 908.2k NOK to 713.5k NOK (-21.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +531.0k NOK → +404.0k NOK (op. margin 58.5% → 56.6%). Calculated
-
↓
Net result weakened
Net result +409.0k NOK → +314.5k NOK (net margin 45.0% → 44.1%). Calculated
-
↓
Cash fell
Bank deposits 488.7k NOK → 442.8k NOK (-9.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 966.8k NOK → 986.9k NOK (106% → 138% of revenue). Calculated