ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2019 vs 2018
Grew 12% on revenue, slipped into loss, cash halved-plus
approved 2020-05-12; registry 2020-05-26; journal 2020 365367
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.13m NOK → 1.27m NOK (+12.4%). Net result +94.6k NOK → -35.7k NOK. Equity 194.6k NOK → 158.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.13m NOK to 1.27m NOK (+12.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +124.5k NOK → -45.6k NOK (op. margin 11.1% → -3.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 94.6k NOK profit to a loss of 35.7k NOK. Calculated
-
↓
Equity eroded
Book equity 194.6k NOK → 158.8k NOK (equity ratio 31.8% → 38.4%). Calculated
-
↓
Cash fell
Bank deposits 99.4k NOK → 42.6k NOK (-57.1% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 625.6k NOK → 856.1k NOK (56% → 68% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 10.6k NOK → 29.7k NOK (+179.3% YoY). Calculated