ADVOKATFIRMAET RØED AS: årsregnskap 2019 vs 2018
Shrank 16% on revenue
approved 2020-04-03; registry 2020-04-20; journal 2020 298858
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET RØED AS. Revenue 1.75m NOK → 1.47m NOK (-15.8%). Equity 6.52m NOK → 437.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.75m NOK
1.47m NOK
-15.8%
Operating result
-520.2k NOK
n/m
—
Net result
-519.9k NOK
n/m
—
Equity
6.52m NOK
437.9k NOK
-93.3%
Cash
212.6k NOK
318.8k NOK
+50.0%
Total assets
868.4k NOK
677.7k NOK
-22.0%
What improved
-
↑
Cash rose
Bank deposits 212.6k NOK → 318.8k NOK (+50.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.75m NOK to 1.47m NOK (-15.8% YoY). Calculated
-
↓
Equity eroded
Book equity 6.52m NOK → 437.9k NOK (equity ratio 751.2% → 64.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.43m NOK → 2.76m NOK (82% → 188% of revenue). Calculated