ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2019 vs 2018
Shrank 33% on revenue
approved 2020-03-30; registry 2020-04-02; journal 2020 273102
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 354.9k NOK → 237.9k NOK (-33.0%). Equity 81.0k NOK → 115.3k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 81.0k NOK → 115.3k NOK (equity ratio 68.7% → 67.4%). Calculated
-
↑
Cash rose
Bank deposits 4 942 NOK → 68.0k NOK (+1276.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 31.5k NOK → 619 NOK (9% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 354.9k NOK to 237.9k NOK (-33.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +121.0k NOK → +88.3k NOK (op. margin 34.1% → 37.1%). Calculated