FirmaIQ
Org.nr 998 580 676 2018 → 2019 Year-over-year analysis

ADVOCATOR ADVOKATFIRMA AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue, stronger earnings

approved 2020-05-26; registry 2020-06-13; journal 2020 458029

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOCATOR ADVOKATFIRMA AS. Revenue 8.31m NOK → 7.48m NOK (-10.0%). Net result +1 187 NOK → +8.23m NOK. Equity 1.87m NOK → 1.60m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
8.31m NOK 7.48m NOK
-10.0%
Operating result
+1 552 NOK +288.5k NOK
+18489.6%
Net result
+1 187 NOK +8.23m NOK
+693215.2%
Equity
1.87m NOK 1.60m NOK
-14.4%
Cash
1.21m NOK 1.56m NOK
+28.3%
Total assets
4.09m NOK 3.69m NOK
-9.8%

What improved

  • ↑

    Operating result improved

    Operating result +1 552 NOK → +288.5k NOK (op. margin 0.0% → 3.9%). Calculated

  • ↑

    Net result improved

    Net result +1 187 NOK → +8.23m NOK (net margin 0.0% → 110.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.21m NOK → 1.56m NOK (+28.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.31m NOK to 7.48m NOK (-10.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.87m NOK → 1.60m NOK (equity ratio 45.8% → 43.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.64m NOK → 4.95m NOK (56% → 66% of revenue). Calculated