ADVOKATFIRMA HODNE AS: årsregnskap 2019 vs 2018
Shrank 39% on revenue
approved 2020-05-29; registry 2020-06-03; journal 2020 424533
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA HODNE AS. Revenue 368.5k NOK → 226.2k NOK (-38.6%). Equity -35.7k NOK → 368.3k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -35.7k NOK → 368.3k NOK (equity ratio -15.1% → 38.3%). Calculated
-
↑
Cash rose
Bank deposits 131.3k NOK → 247.7k NOK (+88.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.87× → 1.62×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 368.5k NOK to 226.2k NOK (-38.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 204.5k NOK → 285.7k NOK (55% → 126% of revenue). Calculated