ADVOKATFIRMAET NAVJORD AS: årsregnskap 2019 vs 2018
Grew 94642% on revenue, weaker earnings
approved 2020-05-26; registry 2020-06-02; journal 2020 413318
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET NAVJORD AS. Revenue 2 205 NOK → 2.09m NOK (+94641.8%). Net result +200.0k NOK → +97.7k NOK. Equity 526.4k NOK → 624.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET NAVJORD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2 205 NOK to 2.09m NOK (+94641.8% YoY). Calculated
-
↑
Operating result improved
Operating result +726 NOK → +195.7k NOK (op. margin 32.9% → 9.4%). Calculated
-
↑
Equity strengthened
Book equity 526.4k NOK → 624.1k NOK (equity ratio 23.7% → 28.6%). Calculated
-
↑
Cash rose
Bank deposits 32.2k NOK → 59.5k NOK (+84.9% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +200.0k NOK → +97.7k NOK (net margin 9070.6% → 4.7%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.46m NOK → 4.23m NOK (66357% → 202% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 25.6k NOK → 84.5k NOK (+230.3% YoY). Calculated