ADVOKATFIRMAET STIG NILSEN AS: årsregnskap 2019 vs 2018
Grew 18% on revenue, weaker earnings
approved 2020-04-22; registry 2020-05-26; journal 2020 373441
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET STIG NILSEN AS. Revenue 2.52m NOK → 2.96m NOK (+17.6%). Net result +345.2k NOK → +165.6k NOK. Equity 240.2k NOK → 405.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET STIG NILSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.52m NOK to 2.96m NOK (+17.6% YoY). Calculated
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↑
Equity strengthened
Book equity 240.2k NOK → 405.8k NOK (equity ratio 14.0% → 25.0%). Calculated
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↑
Cash rose
Bank deposits 558.0k NOK → 568.1k NOK (+1.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.10× → 1.70×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +456.3k NOK → +217.7k NOK (op. margin 18.1% → 7.3%). Calculated
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↓
Net result weakened
Net result +345.2k NOK → +165.6k NOK (net margin 13.7% → 5.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 17.0k NOK → 1 050 NOK (-93.8% YoY). Calculated