FirmaIQ
Org.nr 987 898 135 2018 → 2019 Year-over-year analysis

ADVOKATENE PÅ NORDSTRAND AS: årsregnskap 2019 vs 2018

Shrank 16% on revenue, weaker earnings

approved 2020-04-02; registry 2020-04-25; journal 2020 309046

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATENE PÅ NORDSTRAND AS. Revenue 3.43m NOK → 2.87m NOK (-16.4%). Net result +466.8k NOK → +305.1k NOK. Equity 1.41m NOK → 1.71m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATENE PÅ NORDSTRAND AS.

At a glance

Scorecard

Revenue
3.43m NOK 2.87m NOK
-16.4%
Operating result
n/m +377.9k NOK
—
Net result
+466.8k NOK +305.1k NOK
-34.6%
Equity
1.41m NOK 1.71m NOK
+21.7%
Cash
1.65m NOK 1.91m NOK
+15.4%
Total assets
2.49m NOK 2.24m NOK
-10.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.41m NOK → 1.71m NOK (equity ratio 56.4% → 76.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.65m NOK → 1.91m NOK (+15.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.43m NOK to 2.87m NOK (-16.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +466.8k NOK → +305.1k NOK (net margin 13.6% → 10.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 501.9k NOK → 84.9k NOK. Reported fact