Org.nr 914 775 094 2018 → 2019 Year-over-year analysis

ADVOKATSELSKAPET ANGELL AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-04-14; registry 2020-04-20; journal 2020 299972

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATSELSKAPET ANGELL AS. Revenue 1.22m NOK → 1.21m NOK (-0.8%). Equity -29.1k NOK → 14 NOK.

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

Net tougher year on the published lines.

At a glance

Revenue

1.22m NOK 1.21m NOK

-0.8%

Operating result

-36.6k NOK -112.7k NOK

-208.2%

Net result

n/m -112.8k NOK

—

Equity

-29.1k NOK 14 NOK

+100.0%

Cash

128.3k NOK 118.2k NOK

-7.9%

Total assets

261.5k NOK 173.3k NOK

-33.7%

↑
Equity strengthened

Book equity -29.1k NOK → 14 NOK (equity ratio -11.1% → 0.0%). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.22m NOK to 1.21m NOK (-0.8% YoY). Calculated
↓
Operating result weakened

Operating result -36.6k NOK → -112.7k NOK (op. margin -3.0% → -9.3%). Calculated
↓
Cash fell

Bank deposits 128.3k NOK → 118.2k NOK (-7.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 NOK → 3.87m NOK (0% → 320% of revenue). Calculated