FirmaIQ
Org.nr 988 988 065 2018 → 2019 Year-over-year analysis

ADVOKAT LEIRVÅG AS: årsregnskap 2019 vs 2018

Shrank 33% on revenue, stronger earnings

approved 2020-04-14; registry 2020-04-16; journal 2020 291903

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT LEIRVÅG AS. Revenue 2.21m NOK → 1.49m NOK (-32.6%). Net result +45.0k NOK → +248.9k NOK. Equity 964.9k NOK → 713.8k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT LEIRVÅG AS.

At a glance

Scorecard

Revenue
2.21m NOK 1.49m NOK
-32.6%
Operating result
+108.1k NOK n/m
—
Net result
+45.0k NOK +248.9k NOK
+453.6%
Equity
964.9k NOK 713.8k NOK
-26.0%
Cash
98.6k NOK 822.5k NOK
+734.3%
Total assets
2.16m NOK 1.44m NOK
-33.1%

What improved

  • ↑

    Net result improved

    Net result +45.0k NOK → +248.9k NOK (net margin 2.0% → 16.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 98.6k NOK → 822.5k NOK (+734.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.21m NOK to 1.49m NOK (-32.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 964.9k NOK → 713.8k NOK (equity ratio 44.7% → 49.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 153.1k NOK → 76.5k NOK. Reported fact