FirmaIQ
Org.nr 914 948 320 2018 → 2019 Year-over-year analysis

ADVOKAT TOVE NISSEN-SOLLIE AS: årsregnskap 2019 vs 2018

Grew 1138% on revenue, returned to profit

approved 2020-05-26; registry 2020-06-02; journal 2020 412906

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT TOVE NISSEN-SOLLIE AS. Revenue 126.8k NOK → 1.57m NOK (+1137.8%). Net result -111.0k NOK → +179.1k NOK. Equity 389.1k NOK → 568.1k NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT TOVE NISSEN-SOLLIE AS.

At a glance

Scorecard

Revenue
126.8k NOK 1.57m NOK
+1137.8%
Operating result
n/m +231.3k NOK
—
Net result
-111.0k NOK +179.1k NOK
+261.3%
Equity
389.1k NOK 568.1k NOK
+46.0%
Cash
62.1k NOK 116.2k NOK
+87.1%
Total assets
605.9k NOK 912.1k NOK
+50.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 126.8k NOK to 1.57m NOK (+1137.8% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 111.0k NOK to a profit of 179.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 389.1k NOK → 568.1k NOK (equity ratio 64.2% → 62.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 62.1k NOK → 116.2k NOK (+87.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 726.4k NOK → 736.1k NOK (573% → 47% of revenue). Calculated