ADVOKAT VAHID ALA'I AS: årsregnskap 2019 vs 2018
Grew 146736% on revenue, stronger earnings, cash halved-plus
approved 2020-04-15; registry 2020-04-18; journal 2020 295145
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT VAHID ALA'I AS. Revenue 259 NOK → 380.3k NOK (+146736.3%). Net result +25.9k NOK → +82.6k NOK. Equity 144.6k NOK → 227.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKAT VAHID ALA'I AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 259 NOK to 380.3k NOK (+146736.3% YoY). Calculated
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Operating result improved
Operating result +31.4k NOK → +105.9k NOK (op. margin 12120.5% → 27.9%). Calculated
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Net result improved
Net result +25.9k NOK → +82.6k NOK (net margin 10013.9% → 21.7%). Calculated
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Equity strengthened
Book equity 144.6k NOK → 227.2k NOK (equity ratio 67.1% → 74.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 138.76m NOK → 82.8k NOK (-99.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (138.76m NOK → 82.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 46.2k NOK → 2.13m NOK (17856% → 560% of revenue). Calculated