ADVOKATFIRMAET JENSEN AS: årsregnskap 2019 vs 2018
Shrank 27% on revenue
approved 2020-04-30; registry 2020-05-06; journal 2020 331888
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET JENSEN AS. Revenue 4.93m NOK → 3.58m NOK (-27.3%). Equity 562.2k NOK → 575.5k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.93m NOK
3.58m NOK
-27.3%
Equity
562.2k NOK
575.5k NOK
+2.4%
Cash
995.2k NOK
620.7k NOK
-37.6%
Total assets
2.85m NOK
1.83m NOK
-35.8%
What improved
-
↑
Equity strengthened
Book equity 562.2k NOK → 575.5k NOK (equity ratio 19.7% → 31.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.93m NOK to 3.58m NOK (-27.3% YoY). Calculated
-
↓
Cash fell
Bank deposits 995.2k NOK → 620.7k NOK (-37.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.82m NOK → 1.96m NOK (37% → 55% of revenue). Calculated