ADVOKAT NIELS - CHRISTIAN HOLM AS: årsregnskap 2019 vs 2018
Shrank 24% on revenue, cash halved-plus
approved 2020-04-28; registry 2020-05-04; journal 2020 327124
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT NIELS - CHRISTIAN HOLM AS. Revenue 581.7k NOK → 439.7k NOK (-24.4%). Equity 86.4k NOK → 5.10m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
581.7k NOK
439.7k NOK
-24.4%
Operating result
n/m
+35.3k NOK
—
Net result
n/m
+17.9k NOK
—
Equity
86.4k NOK
5.10m NOK
+5805.2%
Cash
147.9k NOK
54.9k NOK
-62.9%
Total assets
593.3k NOK
559.1k NOK
-5.8%
What improved
-
↑
Equity strengthened
Book equity 86.4k NOK → 5.10m NOK (equity ratio 14.6% → 912.9%). Calculated
-
↑
Payroll decreased
Salary cost 402.9k NOK → 212.4k NOK (69% → 48% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 581.7k NOK to 439.7k NOK (-24.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 147.9k NOK → 54.9k NOK (-62.9% YoY). Calculated