ADVOKAT HANNE LILLEBY AS: årsregnskap 2019 vs 2018
Shrank 21% on revenue, stronger earnings, cash halved-plus
approved 2020-04-29; registry 2020-06-02; journal 2020 421908
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT HANNE LILLEBY AS. Revenue 3.11m NOK → 2.45m NOK (-21.0%). Net result +891.8k NOK → +406.95m NOK. Equity 3.03m NOK → 3.98m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT HANNE LILLEBY AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +381.6k NOK → +906.7k NOK (op. margin 12.3% → 37.0%). Calculated
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Net result improved
Net result +891.8k NOK → +406.95m NOK (net margin 28.7% → 16595.7%). Calculated
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Equity strengthened
Book equity 3.03m NOK → 3.98m NOK (equity ratio 52.3% → 86.5%). Calculated
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Payroll decreased
Salary cost 1.37m NOK → 1.06m NOK (44% → 43% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.11m NOK to 2.45m NOK (-21.0% YoY). Calculated
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Cash fell
Bank deposits 3.28m NOK → 1.40m NOK (-57.3% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1.94m NOK → 1 937 NOK. Reported fact