Org.nr 988 038 687 2018 → 2019 Year-over-year analysis

ADVOKAT DAG RØED AS: årsregnskap 2019 vs 2018

Grew 440% on revenue

approved 2020-05-29; registry 2020-06-02; journal 2020 419294

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT DAG RØED AS. Revenue 156.2k NOK → 843.9k NOK (+440.3%). Equity 739.5k NOK → 1.25m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT DAG RØED AS.

At a glance

Revenue

156.2k NOK 843.9k NOK

+440.3%

Operating result

+31.0k NOK n/m

—

Net result

+27.4k NOK n/m

—

Equity

739.5k NOK 1.25m NOK

+68.4%

Cash

660.4k NOK 915.6k NOK

+38.6%

Total assets

801.7k NOK 472.0k NOK

-41.1%

↑
Revenue rose

Operating income / revenue moved from 156.2k NOK to 843.9k NOK (+440.3% YoY). Calculated
↑
Equity strengthened

Book equity 739.5k NOK → 1.25m NOK (equity ratio 92.2% → 263.9%). Calculated
↑
Cash rose

Bank deposits 660.4k NOK → 915.6k NOK (+38.6% YoY). Calculated
↑
Payroll decreased

Salary cost 2.12m NOK → 72.3k NOK (1354% → 9% of revenue). Calculated

·
COGS moved

COGS / varekostnad 767.5k NOK → 887.0k NOK (+15.6% YoY). Calculated