ADVOKAT JAN KRISTIAN TAKVAM AS: årsregnskap 2019 vs 2018
Shrank 19% on revenue
approved 2020-03-08; registry 2020-03-14; journal 2020 240469
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT JAN KRISTIAN TAKVAM AS. Revenue 2.02m NOK → 1.65m NOK (-18.6%). Equity 884.9k NOK → 595.6k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.02m NOK
1.65m NOK
-18.6%
Operating result
+340.8k NOK
n/m
—
Net result
+265.6k NOK
n/m
—
Equity
884.9k NOK
595.6k NOK
-32.7%
Cash
663.9k NOK
411.1k NOK
-38.1%
Total assets
219.2k NOK
866.7k NOK
+295.3%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.00× → 2.35×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.02m NOK to 1.65m NOK (-18.6% YoY). Calculated
-
↓
Equity eroded
Book equity 884.9k NOK → 595.6k NOK (equity ratio 403.6% → 68.7%). Calculated
-
↓
Cash fell
Bank deposits 663.9k NOK → 411.1k NOK (-38.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.25m NOK → 1.48m NOK (62% → 90% of revenue). Calculated