ADVOKAT MARIANNE HOGNESTAD AS: årsregnskap 2019 vs 2018
Grew 249% on revenue, cash halved-plus
approved 2020-04-22; registry 2020-05-02; journal 2020 321675
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT MARIANNE HOGNESTAD AS. Revenue 363.9k NOK → 1.27m NOK (+249.0%). Equity 12.33m NOK → 384.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKAT MARIANNE HOGNESTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 363.9k NOK to 1.27m NOK (+249.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +369.9k NOK → +146.9k NOK (op. margin 101.6% → 11.6%). Calculated
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↓
Equity eroded
Book equity 12.33m NOK → 384.4k NOK (equity ratio 2190.9% → 64.7%). Calculated
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↓
Cash fell
Bank deposits 13.45m NOK → 493.3k NOK (-96.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (13.45m NOK → 493.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 1 NOK → 555.1k NOK (0% → 44% of revenue). Calculated