Org.nr 997 059 832 2018 → 2019 Year-over-year analysis

ADVOKAT-CONSULT AS: årsregnskap 2019 vs 2018

Grew 100% on revenue, fresh owner capital

approved 2020-08-31; registry 2020-09-10; journal 2020 787806

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT-CONSULT AS. Revenue -171.0k NOK → 0 NOK (+100.0%). Equity -676.1k NOK → -324.4k NOK.

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

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

At a glance

Revenue

-171.0k NOK 0 NOK

+100.0%

Operating result

-388.7k NOK -34.1k NOK

+91.2%

Net result

n/m +62.2k NOK

—

Equity

-676.1k NOK -324.4k NOK

+52.0%

Cash

428 NOK 433.4k NOK

+101168.2%

Total assets

52.4k NOK 4 201 NOK

-92.0%

↑
Revenue rose

Operating income / revenue moved from -171.0k NOK to 0 NOK (+100.0% YoY). Calculated
↑
Operating result improved

Operating result -388.7k NOK → -34.1k NOK. Calculated
↑
Equity strengthened

Book equity -676.1k NOK → -324.4k NOK (equity ratio -1289.9% → -7722.4%). Calculated
↑
Cash rose

Bank deposits 428 NOK → 433.4k NOK (+101168.2% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 100.0k NOK → 513.9k NOK (+413.9k NOK). Reported fact

·
Thin equity buffer

Equity ratio is -7722.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation