ADVOKATFIRMAET FINN AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-05-30; registry 2020-06-17; journal 2020 473960
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET FINN AS. Revenue 14.24m NOK → 13.91m NOK (-2.3%). Net result +71.6k NOK → +67.1k NOK. Equity 2.21m NOK → 2.25m NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET FINN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +124.2k NOK → +161.6k NOK (op. margin 0.9% → 1.2%). Calculated
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↑
Equity strengthened
Book equity 2.21m NOK → 2.25m NOK (equity ratio 48.6% → 50.4%). Calculated
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↑
Payroll decreased
Salary cost 11.18m NOK → 10.86m NOK (79% → 78% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.24m NOK to 13.91m NOK (-2.3% YoY). Calculated
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↓
Net result weakened
Net result +71.6k NOK → +67.1k NOK (net margin 0.5% → 0.5%). Calculated
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↓
Cash fell
Bank deposits 315.9k NOK → 279.4k NOK (-11.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.44m NOK → 1.41m NOK — check capital reduction, conversion, or reclassification. Interpretation