FirmaIQ
Org.nr 995 330 865 2018 → 2019 Year-over-year analysis

ADVOKAT SISSEL KNUTSEN HEGDAL AS: årsregnskap 2019 vs 2018

Shrank 48% on revenue, stronger earnings

approved 2020-05-14; registry 2020-05-26; journal 2020 392870

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT SISSEL KNUTSEN HEGDAL AS. Revenue 621.6k NOK → 324.6k NOK (-47.8%). Net result +3 269 NOK → +54.7k NOK. Equity -75.4k NOK → -20.7k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
621.6k NOK 324.6k NOK
-47.8%
Operating result
+14.9k NOK +75.0k NOK
+403.4%
Net result
+3 269 NOK +54.7k NOK
+1572.7%
Equity
-75.4k NOK -20.7k NOK
+72.5%
Total assets
198.8k NOK 188.0k NOK
-5.4%

What improved

  • ↑

    Operating result improved

    Operating result +14.9k NOK → +75.0k NOK (op. margin 2.4% → 23.1%). Calculated

  • ↑

    Net result improved

    Net result +3 269 NOK → +54.7k NOK (net margin 0.5% → 16.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -75.4k NOK → -20.7k NOK (equity ratio -37.9% → -11.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 277.0k NOK → 71.3k NOK (45% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 621.6k NOK to 324.6k NOK (-47.8% YoY). Calculated