Org.nr 989 227 106 2018 → 2019 Year-over-year analysis

ADVOKAT EIVIND KOGSTAD HOLDING AS: årsregnskap 2019 vs 2018

Grew 61% on revenue, returned to profit, fresh owner capital

approved 2020-05-28; registry 2020-06-02; journal 2020 422522

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT EIVIND KOGSTAD HOLDING AS. Revenue 108.0k NOK → 174.2k NOK (+61.2%). Net result -413.3k NOK → +594.7k NOK. Equity 8.73m NOK → 9.33m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT EIVIND KOGSTAD HOLDING AS.

Scorecard

Revenue
108.0k NOK 174.2k NOK
+61.2%
Operating result
n/m -8 901 NOK
—
Net result
-413.3k NOK +594.7k NOK
+243.9%
Equity
8.73m NOK 9.33m NOK
+6.8%
Cash
90.3k NOK 1.19m NOK
+1219.8%
Total assets
10.17m NOK 9.64m NOK
-5.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 108.0k NOK to 174.2k NOK (+61.2% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 413.3k NOK to a profit of 594.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.73m NOK → 9.33m NOK (equity ratio 85.9% → 96.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 90.3k NOK → 1.19m NOK (+1219.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 9.33m NOK (+9.23m NOK). Reported fact

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.49m NOK → 27.5k NOK. Reported fact