ADVOKATENE BERG DITLEV-SIMONSEN AS: årsregnskap 2019 vs 2018
Grew 17% on revenue
approved 2020-05-20; registry 2020-05-26; journal 2020 390062
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATENE BERG DITLEV-SIMONSEN AS. Revenue 9.13m NOK → 10.64m NOK (+16.6%). Net result +2.63m NOK → +2.65m NOK. Equity 2.67m NOK → 92.5k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATENE BERG DITLEV-SIMONSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9.13m NOK to 10.64m NOK (+16.6% YoY). Calculated
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↑
Cash rose
Bank deposits 2.09m NOK → 2.76m NOK (+31.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 33.8k NOK → 36.3k NOK (+2 523 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +3.42m NOK → +3.39m NOK (op. margin 37.5% → 31.9%). Calculated
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↓
Equity eroded
Book equity 2.67m NOK → 92.5k NOK (equity ratio 57.9% → 1.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.15× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 3.66m NOK → 5.08m NOK (40% → 48% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 301.7k NOK → 303.3k NOK. Reported fact