FirmaIQ
Org.nr 986 395 253 2018 → 2019 Year-over-year analysis

ADVOKAT IVAR BLIKRA AS: årsregnskap 2019 vs 2018

Shrank 22% on revenue, returned to profit

approved 2020-04-20; registry 2020-05-06; journal 2020 330596

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT IVAR BLIKRA AS. Revenue 2.73m NOK → 2.14m NOK (-21.8%). Net result -40.1k NOK → +675.0k NOK. Equity 2.99m NOK → 3.61m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.73m NOK 2.14m NOK
-21.8%
Operating result
n/m +124.7k NOK
—
Net result
-40.1k NOK +675.0k NOK
+1782.6%
Equity
2.99m NOK 3.61m NOK
+20.9%
Cash
2.13m NOK 2.75m NOK
+29.1%
Total assets
3.55m NOK 4.23m NOK
+19.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 40.1k NOK to a profit of 675.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.99m NOK → 3.61m NOK (equity ratio 84.3% → 85.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.13m NOK → 2.75m NOK (+29.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.73m NOK to 2.14m NOK (-21.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.40m NOK → 1.49m NOK (51% → 70% of revenue). Calculated