ADVOKAT WIIK JOHANSEN AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2019-12-31; registry 2020-06-02; journal 2020 421784
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT WIIK JOHANSEN AS. Revenue 2.37m NOK → 2.34m NOK (-1.0%). Net result +296.3k NOK → +162.5k NOK. Equity 2.03m NOK → 2.19m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT WIIK JOHANSEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.03m NOK → 2.19m NOK (equity ratio 73.4% → 81.9%). Calculated
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↑
Cash rose
Bank deposits 1 197 NOK → 1.00m NOK (+83565.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.37m NOK to 2.34m NOK (-1.0% YoY). Calculated
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↓
Operating result weakened
Operating result +384.9k NOK → +154.0k NOK (op. margin 16.3% → 6.6%). Calculated
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↓
Net result weakened
Net result +296.3k NOK → +162.5k NOK (net margin 12.5% → 6.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.37m NOK → 1.37m NOK (58% → 59% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 320.0k NOK → 320.00m NOK. Reported fact