ADVOKATFIRMAET ANGELSHAUG & CO AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-05-19; registry 2020-05-26; journal 2020 387302
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ANGELSHAUG & CO AS. Revenue 7.82m NOK → 8.15m NOK (+4.1%). Net result -274.7k NOK → +37.2k NOK. Equity -96.6k NOK → -59.4k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANGELSHAUG & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.82m NOK to 8.15m NOK (+4.1% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 274.7k NOK to a profit of 37.2k NOK. Calculated
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↑
Equity strengthened
Book equity -96.6k NOK → -59.4k NOK (equity ratio -2.6% → -1.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.52× → 2.21×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 726.2k NOK → 403.4k NOK (-44.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.87m NOK → 6.18m NOK (75% → 76% of revenue). Calculated