Org.nr 989 580 477 2018 → 2019 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-03-09; registry 2020-04-28; journal 2020 317134

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT KJETIL H. NILSEN AS. Revenue 1.76m NOK → 1.79m NOK (+1.8%). Equity 660.2k NOK → 582.2k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
1.76m NOK 1.79m NOK
+1.8%
Operating result
-126.8k NOK +109.0k NOK
+185.9%
Net result
n/m -78.0k NOK
—
Equity
660.2k NOK 582.2k NOK
-11.8%
Cash
446.1k NOK 654.2k NOK
+46.7%
Total assets
896.7k NOK 969.3k NOK
+8.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.76m NOK to 1.79m NOK (+1.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -126.8k NOK → +109.0k NOK (op. margin -7.2% → 6.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 446.1k NOK → 654.2k NOK (+46.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 660.2k NOK → 582.2k NOK (equity ratio 73.6% → 60.1%). Calculated