ADVOKATFIRMA VARJAG AS: årsregnskap 2019 vs 2018
Grew 15% on revenue, cash halved-plus
approved 2020-04-17; registry 2020-04-22; journal 2020 304759
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA VARJAG AS. Revenue 7.05m NOK → 8.11m NOK (+14.9%). Equity 1.43m NOK → 10.45m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA VARJAG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.05m NOK to 8.11m NOK (+14.9% YoY). Calculated
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↑
Equity strengthened
Book equity 1.43m NOK → 10.45m NOK (equity ratio 57.6% → 369.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 908.7k NOK → 41.6k NOK (-95.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.03m NOK → 3.82m NOK (-5.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 637.9k NOK → 201.4k NOK. Reported fact