ADVOKATFIRMAET FJELDHEIM AS: årsregnskap 1999 vs 1998
Grew 111% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVOKATFIRMAET FJELDHEIM AS. Revenue 208.2k NOK → 439.6k NOK (+111.1%). Net result +111.1k NOK → +136.3k NOK. Equity 161.1k NOK → 231.3k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET FJELDHEIM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 208.2k NOK to 439.6k NOK (+111.1% YoY). Calculated
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↑
Net result improved
Net result +111.1k NOK → +136.3k NOK (net margin 53.3% → 31.0%). Calculated
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↑
Equity strengthened
Book equity 161.1k NOK → 231.3k NOK (equity ratio 27.8% → 28.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +152.7k NOK → +117.3k NOK (op. margin 73.3% → 26.7%). Calculated
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↓
Cash fell
Bank deposits 105.8k NOK → 36.7k NOK (-65.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 3.22m NOK (0% → 733% of revenue). Calculated