ADVOKAT MOLLESTAD OPPEGAARD AS: årsregnskap 2019 vs 2018
Grew 191461% on revenue, cash halved-plus
approved 2020-03-30; registry 2020-04-02; journal 2020 271558
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT MOLLESTAD OPPEGAARD AS. Revenue 1 120 NOK → 2.15m NOK (+191460.9%). Equity 516.0k NOK → 732.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT MOLLESTAD OPPEGAARD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 120 NOK to 2.15m NOK (+191460.9% YoY). Calculated
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↑
Equity strengthened
Book equity 516.0k NOK → 732.3k NOK (equity ratio 52.5% → 326.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 899.0k NOK → 1 125 NOK (-99.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.10× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 217 NOK → 943.2k NOK (109% → 44% of revenue). Calculated