ADVOKATFIRMAET KVASSTIND AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-03-02; registry 2020-03-28; journal 2020 262249
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET KVASSTIND AS. Revenue 8.01m NOK → 7.73m NOK (-3.5%). Equity 4.37m NOK → 1.69m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
8.01m NOK
7.73m NOK
-3.5%
Operating result
n/m
+3.18m NOK
—
Net result
n/m
+2.50m NOK
—
Equity
4.37m NOK
1.69m NOK
-61.4%
Cash
4.15m NOK
6.08m NOK
+46.4%
Total assets
6.30m NOK
8.44m NOK
+33.9%
What improved
-
↑
Cash rose
Bank deposits 4.15m NOK → 6.08m NOK (+46.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.01m NOK to 7.73m NOK (-3.5% YoY). Calculated
-
↓
Equity eroded
Book equity 4.37m NOK → 1.69m NOK (equity ratio 69.3% → 20.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.41m NOK → 3.67m NOK (43% → 48% of revenue). Calculated