Org.nr 997 066 766 2018 → 2019 Year-over-year analysis

ADVOKAT KJELL MYRLAND AS: årsregnskap 2019 vs 2018

Grew 53% on revenue

approved 2020-05-28; registry 2020-06-02; journal 2020 418612

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT KJELL MYRLAND AS. Revenue 1.39m NOK → 2.13m NOK (+53.2%). Equity 503.0k NOK → 819.5k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJELL MYRLAND AS.

At a glance

Revenue

1.39m NOK 2.13m NOK

+53.2%

Operating result

-165.9k NOK +541.9k NOK

+426.6%

Net result

n/m +387.1k NOK

—

Equity

503.0k NOK 819.5k NOK

+62.9%

Cash

111.8k NOK 371.5k NOK

+232.4%

Total assets

808.5k NOK 1 185 NOK

-99.9%

↑
Revenue rose

Operating income / revenue moved from 1.39m NOK to 2.13m NOK (+53.2% YoY). Calculated
↑
Operating result improved

Operating result -165.9k NOK → +541.9k NOK (op. margin -11.9% → 25.4%). Calculated
↑
Equity strengthened

Book equity 503.0k NOK → 819.5k NOK (equity ratio 62.2% → 69153.8%). Calculated
↑
Cash rose

Bank deposits 111.8k NOK → 371.5k NOK (+232.4% YoY). Calculated

·
Payroll increased

Salary cost 428.7k NOK → 465.3k NOK (31% → 22% of revenue). Calculated