ADVOKAT VERONICA L DRIVSTUEN AS: årsregnskap 2019 vs 2018
Grew 245% on revenue, cash halved-plus
approved 2020-05-29; registry 2020-06-02; journal 2020 419892
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT VERONICA L DRIVSTUEN AS. Revenue 483.9k NOK → 1.67m NOK (+244.9%). Equity 372.9k NOK → 299.0k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT VERONICA L DRIVSTUEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 483.9k NOK to 1.67m NOK (+244.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 372.9k NOK → 299.0k NOK (equity ratio 61.7% → 44.3%). Calculated
-
↓
Cash fell
Bank deposits 119.7k NOK → 50.0k NOK (-58.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 870.7k NOK → 1.08m NOK (180% → 65% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 10.1k NOK → 2 544 NOK (-74.8% YoY). Calculated