ADVOKATFIRMAET HEIN BÆRA AS: årsregnskap 2019 vs 2018
Shrank 7% on revenue, stronger earnings
approved 2020-03-18; registry 2020-05-06; journal 2020 330208
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HEIN BÆRA AS. Revenue 2.64m NOK → 2.45m NOK (-7.2%). Net result +851 NOK → +141.0k NOK. Equity 10.97m NOK → 13 NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEIN BÆRA AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +851 NOK → +141.0k NOK (net margin 0.0% → 5.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.64m NOK to 2.45m NOK (-7.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +393.8k NOK → +201.0k NOK (op. margin 14.9% → 8.2%). Calculated
-
↓
Equity eroded
Book equity 10.97m NOK → 13 NOK (equity ratio 780.3% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 785.9k NOK → 718.7k NOK (-8.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation