Org.nr 918 923 683 2018 → 2019 Year-over-year analysis

ADVOKAT ANDERS STUB SØTORP AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-03-31; registry 2020-04-18; journal 2020 294827

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT ANDERS STUB SØTORP AS. Revenue 2.38m NOK → 2.37m NOK (-0.3%). Net result +23.7k NOK → +412.8k NOK. Equity 181.6k NOK → 10.19m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.38m NOK 2.37m NOK
-0.3%
Operating result
+31.4k NOK +533.8k NOK
+1601.5%
Net result
+23.7k NOK +412.8k NOK
+1642.2%
Equity
181.6k NOK 10.19m NOK
+5512.9%
Cash
4 897 NOK 485.7k NOK
+9818.5%
Total assets
467.2k NOK 957.7k NOK
+105.0%

What improved

  • ↑

    Operating result improved

    Operating result +31.4k NOK → +533.8k NOK (op. margin 1.3% → 22.5%). Calculated

  • ↑

    Net result improved

    Net result +23.7k NOK → +412.8k NOK (net margin 1.0% → 17.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 181.6k NOK → 10.19m NOK (equity ratio 38.9% → 1064.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 897 NOK → 485.7k NOK (+9818.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.38m NOK to 2.37m NOK (-0.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.46× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 266 NOK → 346.2k NOK (+130047.7% YoY). Calculated