ADVOKATFIRMA SEKSE & CO. AS: årsregnskap 2019 vs 2018
Grew 9% on revenue
approved 2020-04-22; registry 2020-05-06; journal 2020 329776
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA SEKSE & CO. AS. Revenue 21.48m NOK → 23.39m NOK (+8.9%). Equity 858.4k NOK → 857.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA SEKSE & CO. AS.
At a glance
Scorecard
Revenue
21.48m NOK
23.39m NOK
+8.9%
Operating result
n/m
+13.5k NOK
—
Net result
n/m
-1 144 NOK
—
Equity
858.4k NOK
857.3k NOK
-0.1%
Cash
2.35m NOK
2.80m NOK
+19.0%
Total assets
10.98m NOK
10.31m NOK
-6.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 21.48m NOK to 23.39m NOK (+8.9% YoY). Calculated
-
↑
Cash rose
Bank deposits 2.35m NOK → 2.80m NOK (+19.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 858.4k NOK → 857.3k NOK (equity ratio 7.8% → 8.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.21m NOK → 2.37m NOK (10% → 10% of revenue). Calculated