ADVOKATFIRMAET LEGALIS AS: årsregnskap 1999 vs 1998
Grew 239% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVOKATFIRMAET LEGALIS AS. Revenue 12.0k NOK → 40.7k NOK (+239.2%). Net result -10.9k NOK → -26.4k NOK. Equity 32.2k NOK → 13.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEGALIS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.0k NOK to 40.7k NOK (+239.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -11.0k NOK → -37.7k NOK (op. margin -91.8% → -92.7%). Calculated
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↓
Net result weakened
Net result -10.9k NOK → -26.4k NOK (net margin -90.8% → -64.8%). Calculated
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↓
Equity eroded
Book equity 32.2k NOK → 13.6k NOK (equity ratio 97.4% → 41.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 94.3k NOK (0% → 232% of revenue). Calculated