FirmaIQ
Org.nr 998 315 298 2018 → 2019 Year-over-year analysis

ADVOKAT MONA HOLMEDAL AS: årsregnskap 2019 vs 2018

Grew 9% on revenue, cash halved-plus

approved 2020-04-30; registry 2020-05-26; journal 2020 372651

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT MONA HOLMEDAL AS. Revenue 2.52m NOK → 2.76m NOK (+9.4%). Net result +371.8k NOK → +334.7k NOK. Equity 7.49m NOK → 827.5k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
2.52m NOK 2.76m NOK
+9.4%
Operating result
+473.9k NOK +422.5k NOK
-10.9%
Net result
+371.8k NOK +334.7k NOK
-10.0%
Equity
7.49m NOK 827.5k NOK
-89.0%
Cash
2.68m NOK 1.27m NOK
-52.6%
Total assets
2.74m NOK 1.49m NOK
-45.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.52m NOK to 2.76m NOK (+9.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +473.9k NOK → +422.5k NOK (op. margin 18.8% → 15.3%). Calculated

  • ↓

    Net result weakened

    Net result +371.8k NOK → +334.7k NOK (net margin 14.7% → 12.1%). Calculated

  • ↓

    Equity eroded

    Book equity 7.49m NOK → 827.5k NOK (equity ratio 273.1% → 55.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.68m NOK → 1.27m NOK (-52.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.53m NOK → 1.77m NOK (61% → 64% of revenue). Calculated