ADVOKAT KATHARINA ANGVIK HJELMAAS AS: årsregnskap 2019 vs 2018
Grew 80576% on revenue, weaker earnings
approved 2020-03-31; registry 2020-04-04; journal 2020 275122
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT KATHARINA ANGVIK HJELMAAS AS. Revenue 2 225 NOK → 1.80m NOK (+80576.0%). Net result +460.1k NOK → +208.0k NOK. Equity 8.51m NOK → 718.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT KATHARINA ANGVIK HJELMAAS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 225 NOK to 1.80m NOK (+80576.0% YoY). Calculated
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↑
Cash rose
Bank deposits 213.2k NOK → 265.4k NOK (+24.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +581.1k NOK → +438.5k NOK (op. margin 26116.4% → 24.4%). Calculated
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↓
Net result weakened
Net result +460.1k NOK → +208.0k NOK (net margin 20677.4% → 11.6%). Calculated
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↓
Equity eroded
Book equity 8.51m NOK → 718.0k NOK (equity ratio 580.4% → 58.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 305 NOK → 2.88m NOK (59% → 161% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 688.8k NOK → 543.0k NOK. Reported fact