ADVOKATFIRMA KONTRAKT AS: årsregnskap 2019 vs 2018
Grew 12% on revenue, weaker earnings
approved 2020-03-26; registry 2020-05-09; journal 2020 342952
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA KONTRAKT AS. Revenue 21.76m NOK → 24.31m NOK (+11.7%). Net result +5.21m NOK → +2 019 NOK. Equity 1.76m NOK → 5.76m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
21.76m NOK
24.31m NOK
+11.7%
Net result
+5.21m NOK
+2 019 NOK
-100.0%
Equity
1.76m NOK
5.76m NOK
+227.9%
Cash
6.53m NOK
9.96m NOK
+52.5%
Total assets
8.81m NOK
12.92m NOK
+46.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 21.76m NOK to 24.31m NOK (+11.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.76m NOK → 5.76m NOK (equity ratio 20.0% → 44.6%). Calculated
-
↑
Cash rose
Bank deposits 6.53m NOK → 9.96m NOK (+52.5% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +5.21m NOK → +2 019 NOK (net margin 23.9% → 0.0%). Calculated