Org.nr 920 720 463 2018 → 2019 Year-over-year analysis

ADVOKAT ØYSTEIN HJELMESET AS: årsregnskap 2019 vs 2018

Grew 155280% on revenue, cash halved-plus

approved 2020-04-28; registry 2020-05-02; journal 2020 322503

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT ØYSTEIN HJELMESET AS. Revenue 1 036 NOK → 1.61m NOK (+155280.4%). Equity 153.8k NOK → 164.3k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
1 036 NOK 1.61m NOK
+155280.4%
Operating result
n/m +14.1k NOK
—
Net result
n/m +10.4k NOK
—
Equity
153.8k NOK 164.3k NOK
+6.8%
Cash
146.2k NOK 39.2k NOK
-73.2%
Total assets
394.9k NOK 391.9k NOK
-0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 036 NOK to 1.61m NOK (+155280.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 153.8k NOK → 164.3k NOK (equity ratio 39.0% → 41.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 146.2k NOK → 39.2k NOK (-73.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 497 NOK → 995.3k NOK (241% → 62% of revenue). Calculated