ADVOKAT GRY SØRHUS MOLLAN AS: årsregnskap 2019 vs 2018
Grew 8% on revenue
approved 2020-05-25; registry 2020-06-02; journal 2020 418116
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT GRY SØRHUS MOLLAN AS. Revenue 1.61m NOK → 1.74m NOK (+8.2%). Net result +250.4k NOK → +284.9k NOK. Equity 726.4k NOK → 1.01m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT GRY SØRHUS MOLLAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.61m NOK to 1.74m NOK (+8.2% YoY). Calculated
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↑
Net result improved
Net result +250.4k NOK → +284.9k NOK (net margin 15.6% → 16.4%). Calculated
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↑
Equity strengthened
Book equity 726.4k NOK → 1.01m NOK (equity ratio 3719.6% → 78.2%). Calculated
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↑
Cash rose
Bank deposits 770.9k NOK → 825.0k NOK (+7.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.07× → 4.58×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +438.8k NOK → +365.7k NOK (op. margin 27.3% → 21.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 715.1k NOK → 835.1k NOK (45% → 48% of revenue). Calculated