ADVOKATFIRMAET LILLEØY- ANDERSEN AS: årsregnskap 2019 vs 2018
Grew 134% on revenue, weaker earnings
approved 2020-03-29; registry 2020-04-11; journal 2020 284387
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LILLEØY- ANDERSEN AS. Revenue 299.9k NOK → 701.8k NOK (+134.0%). Net result +161.1k NOK → +102.9k NOK. Equity 191.1k NOK → 294.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LILLEØY- ANDERSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 299.9k NOK to 701.8k NOK (+134.0% YoY). Calculated
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↑
Equity strengthened
Book equity 191.1k NOK → 294.0k NOK (equity ratio 45.0% → 35.3%). Calculated
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↑
Cash rose
Bank deposits 50.3k NOK → 285.5k NOK (+468.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +209.6k NOK → +133.1k NOK (op. margin 69.9% → 19.0%). Calculated
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↓
Net result weakened
Net result +161.1k NOK → +102.9k NOK (net margin 53.7% → 14.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 8 428 NOK → 1.98m NOK (3% → 283% of revenue). Calculated