ADVOKATFIRMAET MUNIR AS: årsregnskap 2019 vs 2018
Shrank 10% on revenue, cash halved-plus
approved 2020-02-11; registry 2020-02-17; journal 2020 210165
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET MUNIR AS. Revenue 1.72m NOK → 1.55m NOK (-10.0%). Equity 418.2k NOK → 146.6k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -204.3k NOK → +271.2k NOK (op. margin -11.9% → 17.5%). Calculated
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↑
Payroll decreased
Salary cost 1.15m NOK → 1.09m NOK (66% → 70% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.72m NOK to 1.55m NOK (-10.0% YoY). Calculated
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↓
Equity eroded
Book equity 418.2k NOK → 146.6k NOK (equity ratio 50.5% → 27.7%). Calculated
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↓
Cash fell
Bank deposits 290.7k NOK → 140.7k NOK (-51.6% YoY). Calculated