ADVOKAT LINE HAMMARI AS: årsregnskap 2019 vs 2018
Shrank 31% on revenue, stronger earnings
approved 2020-01-30; registry 2020-04-28; journal 2020 317120
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT LINE HAMMARI AS. Revenue 2.00m NOK → 1.38m NOK (-31.1%). Net result +3 049 NOK → +54.5k NOK. Equity 1.26m NOK → 1.31m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +26.4k NOK → +56.1k NOK (op. margin 1.3% → 4.1%). Calculated
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↑
Net result improved
Net result +3 049 NOK → +54.5k NOK (net margin 0.2% → 4.0%). Calculated
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Equity strengthened
Book equity 1.26m NOK → 1.31m NOK (equity ratio 79.6% → 85.4%). Calculated
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Cash rose
Bank deposits 23.8k NOK → 1.15m NOK (+4717.0% YoY). Calculated
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Payroll decreased
Salary cost 1.42m NOK → 937.1k NOK (71% → 68% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.00m NOK to 1.38m NOK (-31.1% YoY). Calculated