ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-02-21; registry 2020-03-12; journal 2020 238541
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 15.33m NOK → 15.24m NOK (-0.6%). Equity 372.2k NOK → 135.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 262.4k NOK → 2.72m NOK (+935.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 15.33m NOK to 15.24m NOK (-0.6% YoY). Calculated
-
↓
Equity eroded
Book equity 372.2k NOK → 135.9k NOK (equity ratio 6.8% → 2.8%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 10.08m NOK → 10.79m NOK (66% → 71% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation