ADVOKATFIRMAET AGA EIENDOM AS: årsregnskap 2019 vs 2018
Grew 11% on revenue, stronger earnings, cash halved-plus
approved 2020-05-28; registry 2020-09-26; journal 2020 860817
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET AGA EIENDOM AS. Revenue 2.42m NOK → 2.68m NOK (+10.8%). Net result +284.6k NOK → +362.5k NOK. Equity 6.67m NOK → 6.48m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET AGA EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.42m NOK to 2.68m NOK (+10.8% YoY). Calculated
-
↑
Operating result improved
Operating result +1.22m NOK → +1.58m NOK (op. margin 50.3% → 58.8%). Calculated
-
↑
Net result improved
Net result +284.6k NOK → +362.5k NOK (net margin 11.8% → 13.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 6.67m NOK → 6.48m NOK (equity ratio 22.9% → 22.9%). Calculated
-
↓
Cash fell
Bank deposits 382.5k NOK → 115.9k NOK (-69.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.57× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 5.49m NOK → 4.74m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 325.6k NOK → 284.9k NOK (-12.5% YoY). Calculated