ADVOKAT SIGRID BROCH AS: årsregnskap 2019 vs 2018
Grew 957% on revenue, slipped into loss
approved 2020-06-30; registry 2020-08-19; journal 2020 688782
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT SIGRID BROCH AS. Revenue 48.1k NOK → 508.1k NOK (+957.0%). Net result +40 NOK → -67.6k NOK. Equity 260.0k NOK → 192.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIGRID BROCH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 48.1k NOK to 508.1k NOK (+957.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -32.0k NOK → -67.7k NOK (op. margin -66.5% → -13.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 40 NOK profit to a loss of 67.6k NOK. Calculated
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↓
Equity eroded
Book equity 260.0k NOK → 192.3k NOK (equity ratio 78.2% → 61.6%). Calculated
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↓
Cash fell
Bank deposits 154.0k NOK → 125.8k NOK (-18.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 208.2k NOK → 268.9k NOK (433% → 53% of revenue). Calculated