FirmaIQ
Org.nr 990 835 470 2018 → 2019 Year-over-year analysis

ADVOKAT LEIF DRILLESTAD AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2019-12-31; registry 2020-06-02; journal 2020 418238

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT LEIF DRILLESTAD AS. Revenue 1.16m NOK → 1.21m NOK (+4.2%). Net result +967 NOK → +52.2k NOK. Equity 594.1k NOK → 596.3k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.16m NOK 1.21m NOK
+4.2%
Operating result
-648 NOK +65.7k NOK
+10243.8%
Net result
+967 NOK +52.2k NOK
+5296.8%
Equity
594.1k NOK 596.3k NOK
+0.4%
Cash
407.3k NOK 188.5k NOK
-53.7%
Total assets
886.4k NOK 869.8k NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.16m NOK to 1.21m NOK (+4.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -648 NOK → +65.7k NOK (op. margin -0.1% → 5.4%). Calculated

  • ↑

    Net result improved

    Net result +967 NOK → +52.2k NOK (net margin 0.1% → 4.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 594.1k NOK → 596.3k NOK (equity ratio 67.0% → 68.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 765.9k NOK → 750.6k NOK (66% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 407.3k NOK → 188.5k NOK (-53.7% YoY). Calculated