ADVOKATFIRMAET PÅL NISSEN GRANLUND AS: årsregnskap 2019 vs 2018
Grew 52971% on revenue, returned to profit
approved 2020-05-29; registry 2020-06-04; journal 2020 426827
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET PÅL NISSEN GRANLUND AS. Revenue 1 375 NOK → 729.7k NOK (+52970.7%). Net result -177.2k NOK → +79 NOK. Equity 225.2k NOK → 11.23m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET PÅL NISSEN GRANLUND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 375 NOK to 729.7k NOK (+52970.7% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 177.2k NOK to a profit of 79 NOK. Calculated
-
↑
Equity strengthened
Book equity 225.2k NOK → 11.23m NOK (equity ratio 24.6% → 2096.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +178.8k NOK → +10.2k NOK (op. margin 13000.8% → 1.4%). Calculated
-
↓
Cash fell
Bank deposits 129.9k NOK → 67.2k NOK (-48.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.06m NOK → 2.40m NOK (77152% → 329% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 42.2k NOK → 21.5k NOK (-49.2% YoY). Calculated