ADVOKAT VIDAR BROBAKKEN AS: årsregnskap 2019 vs 2018
Grew 190% on revenue, cash halved-plus
approved 2020-05-30; registry 2020-06-03; journal 2020 423497
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT VIDAR BROBAKKEN AS. Revenue 316.5k NOK → 918.0k NOK (+190.1%). Net result +169.8k NOK → +184.9k NOK. Equity 247.3k NOK → 432.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT VIDAR BROBAKKEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 316.5k NOK to 918.0k NOK (+190.1% YoY). Calculated
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↑
Net result improved
Net result +169.8k NOK → +184.9k NOK (net margin 53.7% → 20.1%). Calculated
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↑
Equity strengthened
Book equity 247.3k NOK → 432.2k NOK (equity ratio 37.6% → 65.3%). Calculated
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Payroll decreased
Salary cost 723.7k NOK → 641.9k NOK (229% → 70% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 25.2k NOK → -1 229 NOK (-104.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1 745 NOK → 8 443 NOK (+383.8% YoY). Calculated