ADVOKATFIRMA FONN AS: årsregnskap 2019 vs 2018
Shrank 10% on revenue, cash halved-plus
approved 2020-05-20; registry 2020-06-02; journal 2020 415214
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA FONN AS. Revenue 2.99m NOK → 2.69m NOK (-10.2%). Equity 1.17m NOK → 1.71m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.99m NOK
2.69m NOK
-10.2%
Operating result
n/m
+425.4k NOK
—
Net result
n/m
+541.6k NOK
—
Equity
1.17m NOK
1.71m NOK
+46.2%
Cash
274.4k NOK
42.2k NOK
-84.6%
Total assets
2.43m NOK
2.70m NOK
+11.1%
What improved
-
↑
Equity strengthened
Book equity 1.17m NOK → 1.71m NOK (equity ratio 48.3% → 63.5%). Calculated
-
↑
Payroll decreased
Salary cost 1.66m NOK → 1.57m NOK (55% → 59% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.99m NOK to 2.69m NOK (-10.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 274.4k NOK → 42.2k NOK (-84.6% YoY). Calculated