Org.nr 920 812 805 2018 → 2019 Year-over-year analysis

ADVOKAT BJØRNAR HÅLAND AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-05-25; registry 2020-05-30; journal 2020 409421

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT BJØRNAR HÅLAND AS. Revenue 2.12m NOK → 2.14m NOK (+1.1%). Net result +169 NOK → +10 NOK. Equity 107.5k NOK → 765.6k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT BJØRNAR HÅLAND AS.

Scorecard

Revenue
2.12m NOK 2.14m NOK
+1.1%
Operating result
+726.4k NOK +844.1k NOK
+16.2%
Net result
+169 NOK +10 NOK
-94.1%
Equity
107.5k NOK 765.6k NOK
+612.0%
Cash
48.7k NOK 109.6k NOK
+125.1%
Total assets
1.08m NOK 1.31m NOK
+21.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.12m NOK to 2.14m NOK (+1.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +726.4k NOK → +844.1k NOK (op. margin 34.3% → 39.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 107.5k NOK → 765.6k NOK (equity ratio 9.9% → 58.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 48.7k NOK → 109.6k NOK (+125.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.70× → 1.52×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 691 NOK → 4.61m NOK (0% → 215% of revenue). Calculated