Org.nr 944 463 771 2018 → 2019 Year-over-year analysis

Advokat Ketil Brønner - Eiendomsavdelingen AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, cash halved-plus

approved 2020-06-21; registry 2020-06-29; journal 2020 505589

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for Advokat Ketil Brønner - Eiendomsavdelingen AS. Revenue 33.2k NOK → 0 NOK (-100.0%). Net result -6 965 NOK → -11.3k NOK. Equity 1.34m NOK → 1.32m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
33.2k NOK 0 NOK
-100.0%
Operating result
-15.2k NOK -36.7k NOK
-140.5%
Net result
-6 965 NOK -11.3k NOK
-62.5%
Equity
1.34m NOK 1.32m NOK
-2.0%
Cash
987.7k NOK 463.0k NOK
-53.1%
Total assets
1.37m NOK 1.34m NOK
-1.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 38.8k NOK → 28.5k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.2k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -15.2k NOK → -36.7k NOK. Calculated

  • ↓

    Net result weakened

    Net result -6 965 NOK → -11.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.34m NOK → 1.32m NOK (equity ratio 98.3% → 98.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 987.7k NOK → 463.0k NOK (-53.1% YoY). Calculated