ADVOKAT KARIANNE GRINDSTAD AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-01-21; registry 2020-02-03; journal 2020 205355
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT KARIANNE GRINDSTAD AS. Revenue 766.1k NOK → 743.4k NOK (-3.0%). Net result +35.6k NOK → +24.5k NOK. Equity 54.8k NOK → 79.3k NOK.
On the constructive side: equity strengthened; payroll decreased. 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 54.8k NOK → 79.3k NOK (equity ratio 13.8% → 19.6%). Calculated
-
↑
Payroll decreased
Salary cost 510.2k NOK → 498.9k NOK (67% → 67% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 766.1k NOK to 743.4k NOK (-3.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +48.6k NOK → +33.4k NOK (op. margin 6.3% → 4.5%). Calculated
-
↓
Net result weakened
Net result +35.6k NOK → +24.5k NOK (net margin 4.6% → 3.3%). Calculated
-
↓
Cash fell
Bank deposits 45.1k NOK → 31.5k NOK (-30.1% YoY). Calculated