ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2019 vs 2018
Grew 16% on revenue, stronger earnings
approved 2020-06-30; registry 2020-07-04; journal 2020 559081
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 8.46m NOK → 9.81m NOK (+16.0%). Net result +393.5k NOK → +969.8k NOK. Equity 1.21m NOK → 1.58m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATENE CHRISTIAN WIIG & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.46m NOK to 9.81m NOK (+16.0% YoY). Calculated
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↑
Net result improved
Net result +393.5k NOK → +969.8k NOK (net margin 4.7% → 9.9%). Calculated
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↑
Equity strengthened
Book equity 1.21m NOK → 1.58m NOK (equity ratio 33.9% → 32.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +501.8k NOK → +1 239 NOK (op. margin 5.9% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 1.20m NOK → 956.0k NOK (-20.5% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 120.0k NOK → 106.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 5.52m NOK → 6.45m NOK (65% → 66% of revenue). Calculated