FirmaIQ
Org.nr 998 877 636 2018 → 2019 Year-over-year analysis

ADVISO ADVOKATFIRMA AS: årsregnskap 2019 vs 2018

Shrank 16% on revenue, stronger earnings

approved 2020-05-05; registry 2020-05-13; journal 2020 353373

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVISO ADVOKATFIRMA AS. Revenue 23.84m NOK → 19.92m NOK (-16.4%). Net result +4 209 NOK → +1.01m NOK. Equity 8.49m NOK → 1.50m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
23.84m NOK 19.92m NOK
-16.4%
Operating result
n/m +1.39m NOK
—
Net result
+4 209 NOK +1.01m NOK
+23961.5%
Equity
8.49m NOK 1.50m NOK
-82.3%
Cash
6.13m NOK 3.61m NOK
-41.1%
Total assets
13.52m NOK 9.30m NOK
-31.3%

What improved

  • ↑

    Net result improved

    Net result +4 209 NOK → +1.01m NOK (net margin 0.0% → 5.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.84m NOK to 19.92m NOK (-16.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 8.49m NOK → 1.50m NOK (equity ratio 62.8% → 16.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.13m NOK → 3.61m NOK (-41.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 12.94m NOK → 13.91m NOK (54% → 70% of revenue). Calculated