ADVOKATFIRMA SIMONSEN OG RANA AS: årsregnskap 2019 vs 2018
Grew 230% on revenue, slipped into loss
approved 2020-04-21; registry 2020-04-23; journal 2020 306384
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA SIMONSEN OG RANA AS. Revenue 221.7k NOK → 732.0k NOK (+230.2%). Net result +13.9k NOK → -2 369 NOK. Equity 59.5k NOK → 57.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA SIMONSEN OG RANA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 221.7k NOK to 732.0k NOK (+230.2% YoY). Calculated
-
↑
Cash rose
Bank deposits 23.2k NOK → 49.7k NOK (+114.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +18.1k NOK → -979 NOK (op. margin 8.2% → -0.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 13.9k NOK profit to a loss of 2 369 NOK. Calculated
-
↓
Equity eroded
Book equity 59.5k NOK → 57.1k NOK (equity ratio 31.1% → 13.8%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 186 NOK → 515.6k NOK (1% → 70% of revenue). Calculated