ADVOKATFIRMAET HORGEN AS: årsregnskap 2019 vs 2018
Grew 77% on revenue, cash halved-plus
approved 2020-05-20; registry 2020-06-02; journal 2020 413022
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HORGEN AS. Revenue 290.7k NOK → 515.5k NOK (+77.3%). Equity 243.7k NOK → 244.1k NOK.
On the constructive side: revenue rose. Pressures included: cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET HORGEN AS.
At a glance
Scorecard
Revenue
290.7k NOK
515.5k NOK
+77.3%
Net result
+75 NOK
n/m
—
Equity
243.7k NOK
244.1k NOK
+0.2%
Cash
191.6k NOK
67.8k NOK
-64.6%
Total assets
362.3k NOK
754.0k NOK
+108.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 290.7k NOK to 515.5k NOK (+77.3% YoY). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 191.6k NOK → 67.8k NOK (-64.6% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 243.7k NOK → 200.0k NOK — check capital reduction, conversion, or reclassification. Interpretation