ADVOKATFIRMAET LEGAL AS: årsregnskap 2019 vs 2018
Grew 93807% on revenue, stronger earnings, cash halved-plus
approved 2020-04-27; registry 2020-05-04; journal 2020 326850
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LEGAL AS. Revenue 12.7k NOK → 11.89m NOK (+93807.0%). Net result +7 425 NOK → +7.48m NOK. Equity 1.71m NOK → 1.16m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEGAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.7k NOK to 11.89m NOK (+93807.0% YoY). Calculated
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Operating result improved
Operating result +7 555 NOK → +7.55m NOK (op. margin 59.7% → 63.5%). Calculated
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Net result improved
Net result +7 425 NOK → +7.48m NOK (net margin 58.6% → 62.9%). Calculated
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Owners injected capital
Paid-in equity rose 1 135 NOK → 1.14m NOK (+1.13m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 1.71m NOK → 1.16m NOK (equity ratio 58.4% → 58.3%). Calculated
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↓
Cash fell
Bank deposits 551.3k NOK → 31.3k NOK (-94.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 563 NOK → 1.90m NOK (12% → 16% of revenue). Calculated