ADVOKATFIRMAET VAGHEFI AS: årsregnskap 2019 vs 2018
Shrank 92% on revenue, stronger earnings
approved 2020-04-28; registry 2020-05-02; journal 2020 323709
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET VAGHEFI AS. Revenue 974.5k NOK → 82.0k NOK (-91.6%). Net result +158.3k NOK → +232.7k NOK. Equity 527.3k NOK → 760.0k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Net result improved
Net result +158.3k NOK → +232.7k NOK (net margin 16.2% → 283.7%). Calculated
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Equity strengthened
Book equity 527.3k NOK → 760.0k NOK (equity ratio 71.1% → 1981.7%). Calculated
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Cash rose
Bank deposits 183.4k NOK → 630.7k NOK (+243.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 974.5k NOK to 82.0k NOK (-91.6% YoY). Calculated
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↓
Operating result weakened
Operating result +206.81m NOK → +296.8k NOK (op. margin 21222.2% → 361.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.39× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 499.5k NOK → 519.5k NOK (51% → 633% of revenue). Calculated