ADVOKAT SVEIN DRANGEID AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-05-31; registry 2020-06-04; journal 2020 427231
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT SVEIN DRANGEID AS. Revenue 1.55m NOK → 1.61m NOK (+3.8%). Net result +123.5k NOK → +148.6k NOK. Equity 243.8k NOK → 272.4k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SVEIN DRANGEID AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.55m NOK to 1.61m NOK (+3.8% YoY). Calculated
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↑
Net result improved
Net result +123.5k NOK → +148.6k NOK (net margin 8.0% → 9.2%). Calculated
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↑
Equity strengthened
Book equity 243.8k NOK → 272.4k NOK (equity ratio 50.0% → 28.9%). Calculated
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Cash rose
Bank deposits 32.8k NOK → 47.0k NOK (+43.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 957.8k NOK → 992.8k NOK (62% → 62% of revenue). Calculated