ADVOKATFIRMAET MELAND AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-05-29; registry 2020-06-02; journal 2020 420508
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET MELAND AS. Revenue 5.41m NOK → 5.49m NOK (+1.6%). Equity 226.4k NOK → 106.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET MELAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.41m NOK to 5.49m NOK (+1.6% YoY). Calculated
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↑
Cash rose
Bank deposits 1.09m NOK → 4.84m NOK (+344.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 226.4k NOK → 106.3k NOK (equity ratio 4.5% → 1.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.85m NOK → 3.09m NOK (53% → 56% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 292.8k NOK → 569.0k NOK (+94.3% YoY). Calculated