FirmaIQ
Org.nr 920 225 276 2018 → 2019 Year-over-year analysis

ADVOKAT SOLHEIM AS: årsregnskap 2019 vs 2018

Grew 113931% on revenue, stronger earnings, cash halved-plus

approved 2020-03-30; registry 2020-04-14; journal 2020 285164

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT SOLHEIM AS. Revenue 1 201 NOK → 1.37m NOK (+113931.1%). Net result +4 733 NOK → +792.6k NOK. Equity 4.76m NOK → 1.55m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1 201 NOK 1.37m NOK
+113931.1%
Operating result
+952.5k NOK +1.02m NOK
+6.9%
Net result
+4 733 NOK +792.6k NOK
+16646.1%
Equity
4.76m NOK 1.55m NOK
-67.4%
Cash
787.7k NOK 285.1k NOK
-63.8%
Total assets
1.10m NOK 1.93m NOK
+75.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 201 NOK to 1.37m NOK (+113931.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +952.5k NOK → +1.02m NOK (op. margin 79311.9% → 74.4%). Calculated

  • ↑

    Net result improved

    Net result +4 733 NOK → +792.6k NOK (net margin 394.1% → 57.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.76m NOK → 1.55m NOK (equity ratio 432.6% → 80.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 787.7k NOK → 285.1k NOK (-63.8% YoY). Calculated