ADVOKAT MARIANNE FARSTAD AS: årsregnskap 2019 vs 2018
Grew 8% on revenue
approved 2020-02-11; registry 2020-02-20; journal 2020 213011
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT MARIANNE FARSTAD AS. Revenue 2.02m NOK → 2.17m NOK (+7.8%). Equity 499.0k NOK → 1 172 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT MARIANNE FARSTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.02m NOK to 2.17m NOK (+7.8% YoY). Calculated
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↑
Cash rose
Bank deposits 256.8k NOK → 460.1k NOK (+79.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.07× → 2.32×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 499.0k NOK → 1 172 NOK (equity ratio 1233.2% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation