Org.nr 915 407 579 2018 → 2019 Year-over-year analysis

ADVOKAT ANNELI BENDIKSEN AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-02-24; registry 2020-03-16; journal 2020 242996

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT ANNELI BENDIKSEN AS. Revenue 2.10m NOK → 2.13m NOK (+1.8%). Net result +251.1k NOK → +367.6k NOK. Equity 909.5k NOK → 27.1k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT ANNELI BENDIKSEN AS.

Scorecard

Revenue
2.10m NOK 2.13m NOK
+1.8%
Operating result
+331.3k NOK +472.5k NOK
+42.6%
Net result
+251.1k NOK +367.6k NOK
+46.4%
Equity
909.5k NOK 27.1k NOK
-97.0%
Cash
1.30m NOK 979.9k NOK
-24.8%
Total assets
2.09m NOK 1.84m NOK
-12.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.10m NOK to 2.13m NOK (+1.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +331.3k NOK → +472.5k NOK (op. margin 15.8% → 22.2%). Calculated

  • ↑

    Net result improved

    Net result +251.1k NOK → +367.6k NOK (net margin 12.0% → 17.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 909.5k NOK → 27.1k NOK (equity ratio 43.4% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.30m NOK → 979.9k NOK (-24.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation