ADVOKATFIRMAET MONSEN AS: årsregnskap 2019 vs 2018
Shrank 24% on revenue, returned to profit
approved 2020-04-15; registry 2020-04-20; journal 2020 300040
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET MONSEN AS. Revenue 296.1k NOK → 223.6k NOK (-24.5%). Net result -162.7k NOK → +42.3k NOK. Equity -12.3k NOK → 30.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -162.8k NOK → +42.2k NOK (op. margin -55.0% → 18.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 162.7k NOK to a profit of 42.3k NOK. Calculated
-
↑
Equity strengthened
Book equity -12.3k NOK → 30.1k NOK (equity ratio -9.9% → 31.9%). Calculated
-
↑
Cash rose
Bank deposits 90.0k NOK → 94.2k NOK (+4.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.91× → 1.47×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 296.1k NOK to 223.6k NOK (-24.5% YoY). Calculated