ADVOKAT OLE HÅKON ELLINGSEN AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-03-16; registry 2020-04-06; journal 2020 279999
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT OLE HÅKON ELLINGSEN AS. Revenue 2.90m NOK → 2.91m NOK (+0.1%). Equity 257.7k NOK → 230.5k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.90m NOK
2.91m NOK
+0.1%
Net result
+10.84m NOK
n/m
—
Equity
257.7k NOK
230.5k NOK
-10.6%
Cash
981.6k NOK
371.8k NOK
-62.1%
Total assets
1.79m NOK
1.89m NOK
+5.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.90m NOK to 2.91m NOK (+0.1% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.43m NOK → 1.37m NOK (49% → 47% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 257.7k NOK → 230.5k NOK (equity ratio 14.4% → 12.2%). Calculated
-
↓
Cash fell
Bank deposits 981.6k NOK → 371.8k NOK (-62.1% YoY). Calculated