ADVOKAT MARTIN KR. FEET AS: årsregnskap 2019 vs 2018
Shrank 14% on revenue
approved 2020-04-30; registry 2020-05-26; journal 2020 378600
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT MARTIN KR. FEET AS. Revenue 3.23m NOK → 2.78m NOK (-13.9%). Equity 627.8k NOK → 606.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.60m NOK → 1.54m NOK (50% → 55% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.23m NOK to 2.78m NOK (-13.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +586.0k NOK → +486.9k NOK (op. margin 18.1% → 17.5%). Calculated
-
↓
Equity eroded
Book equity 627.8k NOK → 606.2k NOK (equity ratio 35.8% → 34.9%). Calculated
-
↓
Cash fell
Bank deposits 868.8k NOK → 639.3k NOK (-26.4% YoY). Calculated