ADVOKATFIRMAET LILAND AS: årsregnskap 2019 vs 2018
Shrank 10% on revenue, weaker earnings
approved 2020-04-30; registry 2020-05-06; journal 2020 331106
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LILAND AS. Revenue 829.2k NOK → 748.9k NOK (-9.7%). Net result +361.7k NOK → +77.2k NOK. Equity 401.7k NOK → 478.9k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET LILAND AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 401.7k NOK → 478.9k NOK (equity ratio 3.0% → 61.0%). Calculated
-
↑
Cash rose
Bank deposits 13.1k NOK → 233.1k NOK (+1684.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 829.2k NOK to 748.9k NOK (-9.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +467.4k NOK → +98.9k NOK (op. margin 56.4% → 13.2%). Calculated
-
↓
Net result weakened
Net result +361.7k NOK → +77.2k NOK (net margin 43.6% → 10.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 229 NOK → 1.16m NOK (0% → 155% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 27.0k NOK → 614 NOK (-97.7% YoY). Calculated