ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2019 vs 2018
Shrank 7% on revenue, stronger earnings
approved 2020-05-27; registry 2020-06-08; journal 2020 436875
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 991.8k NOK → 918.2k NOK (-7.4%). Net result +197 NOK → +37.9k NOK. Equity 121.4k NOK → 159.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +80.3k NOK → +84.3k NOK (op. margin 8.1% → 9.2%). Calculated
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Net result improved
Net result +197 NOK → +37.9k NOK (net margin 0.0% → 4.1%). Calculated
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Equity strengthened
Book equity 121.4k NOK → 159.3k NOK (equity ratio 25.7% → 35.1%). Calculated
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Payroll decreased
Salary cost 503.8k NOK → 473.3k NOK (51% → 52% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 991.8k NOK to 918.2k NOK (-7.4% YoY). Calculated
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Cash fell
Bank deposits 43.6k NOK → 22.0k NOK (-49.5% YoY). Calculated
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COGS moved
COGS / varekostnad -26.5k NOK → -4 046 NOK (+84.7% YoY). Calculated