ADVOKATFIRMAET ØYVIND BERRE AS: årsregnskap 2019 vs 2018
Grew 1638% on revenue
approved 2020-04-14; registry 2020-04-18; journal 2020 294477
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ØYVIND BERRE AS. Revenue 109.3k NOK → 1.90m NOK (+1638.3%). Equity 653.0k NOK → 11 NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØYVIND BERRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 109.3k NOK to 1.90m NOK (+1638.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 1.06×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 653.0k NOK → 11 NOK (equity ratio 8344.1% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 909.4k NOK → 623.0k NOK (-31.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation