FirmaIQ
Org.nr 918 460 691 2018 → 2019 Year-over-year analysis

ADVOKAT KOCH AS: årsregnskap 2019 vs 2018

Shrank 45% on revenue, weaker earnings

approved 2020-05-29; registry 2020-06-02; journal 2020 419622

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT KOCH AS. Revenue 2.69m NOK → 1.49m NOK (-44.6%). Net result +1.53m NOK → +419.9k NOK. Equity 1.98m NOK → 1.88m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT KOCH AS.

At a glance

Scorecard

Revenue
2.69m NOK 1.49m NOK
-44.6%
Operating result
+1.91m NOK +454.7k NOK
-76.2%
Net result
+1.53m NOK +419.9k NOK
-72.5%
Equity
1.98m NOK 1.88m NOK
-5.4%
Cash
101.4k NOK 677.0k NOK
+567.7%
Total assets
3.30m NOK 2.12m NOK
-35.8%

What improved

  • ↑

    Cash rose

    Bank deposits 101.4k NOK → 677.0k NOK (+567.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.30m NOK → 300.0k NOK (123% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.69m NOK to 1.49m NOK (-44.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.91m NOK → +454.7k NOK (op. margin 70.9% → 30.5%). Calculated

  • ↓

    Net result weakened

    Net result +1.53m NOK → +419.9k NOK (net margin 56.8% → 28.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.98m NOK → 1.88m NOK (equity ratio 60.1% → 88.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.44m NOK → 1.24m NOK — check capital reduction, conversion, or reclassification. Interpretation