FirmaIQ
Org.nr 959 458 944 2018 → 2019 Year-over-year analysis

ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2019 vs 2018

Shrank 72% on revenue, stronger earnings, cash halved-plus

approved 2020-05-26; registry 2020-05-28; journal 2020 401145

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 909.6k NOK → 251.3k NOK (-72.4%). Net result +1 161 NOK → +291.2k NOK. Equity 230.7k NOK → 521.9k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
909.6k NOK 251.3k NOK
-72.4%
Operating result
+1 419 NOK +290.9k NOK
+20403.2%
Net result
+1 161 NOK +291.2k NOK
+24981.1%
Equity
230.7k NOK 521.9k NOK
+126.2%
Cash
373.3k NOK 160.4k NOK
-57.0%
Total assets
810.1k NOK 823.6k NOK
+1.7%

What improved

  • ↑

    Operating result improved

    Operating result +1 419 NOK → +290.9k NOK (op. margin 0.2% → 115.8%). Calculated

  • ↑

    Net result improved

    Net result +1 161 NOK → +291.2k NOK (net margin 0.1% → 115.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 230.7k NOK → 521.9k NOK (equity ratio 28.5% → 63.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 909.6k NOK to 251.3k NOK (-72.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 373.3k NOK → 160.4k NOK (-57.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 513.5k NOK → 609.5k NOK (56% → 243% of revenue). Calculated