ADVOKAT T. MADSLANGRUD AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-05-28; registry 2020-06-02; journal 2020 416450
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT T. MADSLANGRUD AS. Revenue 354.9k NOK → 344.3k NOK (-3.0%). Net result -103.4k NOK → -103.4k NOK. Equity 2.21m NOK → 43.4k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 354.9k NOK to 344.3k NOK (-3.0% YoY). Calculated
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↓
Operating result weakened
Operating result +237.0k NOK → -132.4k NOK (op. margin 66.8% → -38.5%). Calculated
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↓
Equity eroded
Book equity 2.21m NOK → 43.4k NOK (equity ratio 745.6% → 35.4%). Calculated
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↓
Cash fell
Bank deposits 149.6k NOK → 14.5k NOK (-90.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 018 NOK → 357.8k NOK (1% → 104% of revenue). Calculated