ADVOKATENE HOVDE MNA AS: årsregnskap 2019 vs 2018
Shrank 6% on revenue
approved 2020-05-25; registry 2020-05-28; journal 2020 404525
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATENE HOVDE MNA AS. Revenue 4.62m NOK → 4.33m NOK (-6.3%). Equity 1.04m NOK → 1.31m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
4.62m NOK
4.33m NOK
-6.3%
Operating result
n/m
+590.3k NOK
—
Net result
n/m
+479.3k NOK
—
Equity
1.04m NOK
1.31m NOK
+27.0%
Cash
420.7k NOK
595.6k NOK
+41.6%
Total assets
2.45m NOK
2.69m NOK
+9.9%
What improved
-
↑
Equity strengthened
Book equity 1.04m NOK → 1.31m NOK (equity ratio 42.3% → 48.9%). Calculated
-
↑
Cash rose
Bank deposits 420.7k NOK → 595.6k NOK (+41.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.62m NOK to 4.33m NOK (-6.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.69m NOK → 2.71m NOK (58% → 63% of revenue). Calculated