FirmaIQ
Org.nr 915 625 606 2018 → 2019 Year-over-year analysis

ADVOKAT HAUKEN AS: årsregnskap 2019 vs 2018

Shrank 37% on revenue, slipped into loss

approved 2020-05-27; registry 2020-06-02; journal 2020 416994

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT HAUKEN AS. Revenue 1.97m NOK → 1.24m NOK (-37.1%). Net result +309.0k NOK → -100.6k NOK. Equity 11.30m NOK → 11.20m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.97m NOK 1.24m NOK
-37.1%
Operating result
+317.1k NOK +100.91m NOK
+31721.2%
Net result
+309.0k NOK -100.6k NOK
-132.6%
Equity
11.30m NOK 11.20m NOK
-0.9%
Cash
189.1k NOK 146.8k NOK
-22.4%
Total assets
839.0k NOK 478.1k NOK
-43.0%

What improved

  • ↑

    Operating result improved

    Operating result +317.1k NOK → +100.91m NOK (op. margin 16.1% → 8133.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.97m NOK to 1.24m NOK (-37.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 309.0k NOK profit to a loss of 100.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.30m NOK → 11.20m NOK (equity ratio 1346.4% → 2342.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 189.1k NOK → 146.8k NOK (-22.4% YoY). Calculated