ADVOKAT MARCUS AMDAHL AS: årsregnskap 2019 vs 2018
Shrank 23% on revenue, weaker earnings
approved 2020-07-06; registry 2020-07-13; journal 2020 609571
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT MARCUS AMDAHL AS. Revenue 3.24m NOK → 2.51m NOK (-22.5%). Net result +541.9k NOK → +47.0k NOK. Equity 566.3k NOK → 613.3k NOK.
On the constructive side: equity strengthened. 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 566.3k NOK → 613.3k NOK (equity ratio 33.5% → 32.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.24m NOK to 2.51m NOK (-22.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +706.2k NOK → +67.9k NOK (op. margin 21.8% → 2.7%). Calculated
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↓
Net result weakened
Net result +541.9k NOK → +47.0k NOK (net margin 16.7% → 1.9%). Calculated
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↓
Cash fell
Bank deposits 302.8k NOK → 157.1k NOK (-48.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 717 NOK → 1.54m NOK (0% → 61% of revenue). Calculated