Org.nr 920 239 811 2018 → 2019 Year-over-year analysis

ADVOKAT ELI ANNE TANBERG FINNE AS: årsregnskap 2019 vs 2018

Shrank 15% on revenue, cash halved-plus

approved 2020-05-29; registry 2020-06-06; journal 2020 434952

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT ELI ANNE TANBERG FINNE AS. Revenue 2.89m NOK → 2.45m NOK (-15.2%). Equity 507.6k NOK → 811.3k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ELI ANNE TANBERG FINNE AS.

At a glance

Revenue

2.89m NOK 2.45m NOK

-15.2%

Operating result

n/m +412.9k NOK

—

Net result

n/m +303.7k NOK

—

Equity

507.6k NOK 811.3k NOK

+59.8%

Cash

249.7k NOK -30.3k NOK

-112.1%

Total assets

1.67m NOK 1.61m NOK

-3.4%

↑
Equity strengthened

Book equity 507.6k NOK → 811.3k NOK (equity ratio 30.4% → 50.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.89m NOK to 2.45m NOK (-15.2% YoY). Calculated
↓
Cash fell

Bank deposits 249.7k NOK → -30.3k NOK (-112.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 002 NOK → 1.10m NOK (0% → 45% of revenue). Calculated

·
COGS fell

COGS / varekostnad 456.1k NOK → 359.8k NOK (-21.1% YoY). Calculated