ADVOKATFIRMAET HANSSON AS: årsregnskap 2019 vs 2018
Grew 135715% on revenue, weaker earnings
approved 2020-05-25; registry 2020-06-13; journal 2020 458751
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HANSSON AS. Revenue 2 184 NOK → 2.97m NOK (+135715.4%). Net result +228.5k NOK → +65.6k NOK. Equity 5.26m NOK → 324.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HANSSON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 184 NOK to 2.97m NOK (+135715.4% YoY). Calculated
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↑
Cash rose
Bank deposits 151.1k NOK → 168.9k NOK (+11.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +296.8k NOK → +83 NOK (op. margin 13588.1% → 0.0%). Calculated
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↓
Net result weakened
Net result +228.5k NOK → +65.6k NOK (net margin 10463.3% → 2.2%). Calculated
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↓
Equity eroded
Book equity 5.26m NOK → 324.2k NOK (equity ratio 740.5% → 194.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.57× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 368 NOK → 1.83m NOK (63% → 62% of revenue). Calculated