ADVOKAT ULF E HANSEN AS: årsregnskap 2019 vs 2018
Shrank 16% on revenue
approved 2020-04-28; registry 2020-05-02; journal 2020 321729
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT ULF E HANSEN AS. Revenue 7.67m NOK → 6.46m NOK (-15.8%).
Pressures included: revenue fell; operating result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
7.67m NOK
6.46m NOK
-15.8%
Operating result
+2.62m NOK
+1.32m NOK
-49.7%
Net result
n/m
+1.02m NOK
—
Cash
2.64m NOK
1.68m NOK
-36.2%
Total assets
3.70m NOK
2.29m NOK
-38.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.67m NOK to 6.46m NOK (-15.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.62m NOK → +1.32m NOK (op. margin 34.1% → 20.4%). Calculated
-
↓
Cash fell
Bank deposits 2.64m NOK → 1.68m NOK (-36.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.01× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated