ADVOKAT, REVISOR RISHOVD AS: årsregnskap 2019 vs 2018
Shrank 98% on revenue
approved 2020-04-06; registry 2020-04-11; journal 2020 283603
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT, REVISOR RISHOVD AS. Revenue 101.0k NOK → 2 015 NOK (-98.0%). Net result +38.0k NOK → +35.0k NOK. Equity 152.7k NOK → 187.6k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT, REVISOR RISHOVD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +43.2k NOK → +52.0k NOK (op. margin 42.7% → 2579.7%). Calculated
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↑
Equity strengthened
Book equity 152.7k NOK → 187.6k NOK (equity ratio 83.2% → 22.2%). Calculated
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↑
Cash rose
Bank deposits 163.6k NOK → 3.38m NOK (+1963.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 101.0k NOK to 2 015 NOK (-98.0% YoY). Calculated
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↓
Net result weakened
Net result +38.0k NOK → +35.0k NOK (net margin 37.7% → 1734.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.94× → 0.51× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1 150 NOK → 825.7k NOK (1% → 40978% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 35.0k NOK → 22.8k NOK (-34.9% YoY). Calculated