ADVOKATFIRMAET TØNSET AS: årsregnskap 2019 vs 2018
Grew 73% on revenue, stronger earnings
approved 2020-03-12; registry 2020-03-25; journal 2020 256970
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET TØNSET AS. Revenue 3.57m NOK → 6.19m NOK (+73.4%). Net result +178.3k NOK → +459.2k NOK. Equity 748.9k NOK → 300.0k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET TØNSET AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.57m NOK to 6.19m NOK (+73.4% YoY). Calculated
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Net result improved
Net result +178.3k NOK → +459.2k NOK (net margin 5.0% → 7.4%). Calculated
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↑
Cash rose
Bank deposits 73.2k NOK → 1.38m NOK (+1784.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 748.9k NOK → 300.0k NOK (equity ratio 49.9% → 7.5%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.44m NOK → 3.23m NOK (68% → 52% of revenue). Calculated
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COGS moved
COGS / varekostnad 94.8k NOK → 110.5k NOK (+16.5% YoY). Calculated