ADVOKATFIRMAET TVETER OG KLØVFJELL AS: årsregnskap 2019 vs 2018
Grew 14% on revenue
approved 2020-05-29; registry 2020-06-02; journal 2020 420612
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET TVETER OG KLØVFJELL AS. Revenue 11.47m NOK → 13.10m NOK (+14.2%). Equity 4.73m NOK → 2.66m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET TVETER OG KLØVFJELL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.47m NOK to 13.10m NOK (+14.2% YoY). Calculated
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↑
Operating result improved
Operating result +515.1k NOK → +2.51m NOK (op. margin 4.5% → 19.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 4.73m NOK → 2.66m NOK (equity ratio 70.9% → 39.4%). Calculated
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↓
Cash fell
Bank deposits 4.06m NOK → 3.66m NOK (-9.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.55m NOK → 8.42m NOK (66% → 64% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 165.0k NOK → 113.4k NOK. Reported fact