Org.nr 889 553 472 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET WANGBERG AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-03-31; registry 2020-04-14; journal 2020 286614

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET WANGBERG AS. Revenue 4.65m NOK → 4.64m NOK (-0.0%). Equity 417.8k NOK → 566.0k NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Revenue

4.65m NOK 4.64m NOK

-0.0%

Operating result

+719.6k NOK +968.6k NOK

+34.6%

Net result

n/m +748.2k NOK

—

Equity

417.8k NOK 566.0k NOK

+35.5%

Cash

397.5k NOK 191.2k NOK

-51.9%

Total assets

2.01m NOK 2.56m NOK

+27.4%

↑
Operating result improved

Operating result +719.6k NOK → +968.6k NOK (op. margin 15.5% → 20.9%). Calculated
↑
Equity strengthened

Book equity 417.8k NOK → 566.0k NOK (equity ratio 20.8% → 22.1%). Calculated
↑
Payroll decreased

Salary cost 2.55m NOK → 2.20m NOK (55% → 47% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.65m NOK to 4.64m NOK (-0.0% YoY). Calculated
↓
Cash fell

Bank deposits 397.5k NOK → 191.2k NOK (-51.9% YoY). Calculated