ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-04-02; registry 2020-04-14; journal 2020 285648
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATENE LEIROS & OLSEN AS. Revenue 11.57m NOK → 11.18m NOK (-3.4%). Equity 2.90m NOK → 2.52m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
11.57m NOK
11.18m NOK
-3.4%
Operating result
n/m
-437.3k NOK
—
Net result
n/m
-381.5k NOK
—
Equity
2.90m NOK
2.52m NOK
-13.2%
Cash
3.63m NOK
3.21m NOK
-11.7%
Total assets
5.75m NOK
4.77m NOK
-17.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 11.57m NOK to 11.18m NOK (-3.4% YoY). Calculated
-
↓
Equity eroded
Book equity 2.90m NOK → 2.52m NOK (equity ratio 50.5% → 52.8%). Calculated
-
↓
Cash fell
Bank deposits 3.63m NOK → 3.21m NOK (-11.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 8.32m NOK → 8.82m NOK (72% → 79% of revenue). Calculated