FirmaIQ
Org.nr 915 063 640 2018 → 2019 Year-over-year analysis

ADVOKATENE PÅ ST. OLAVS PLASS AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-02-28; registry 2020-06-22; journal 2020 469175

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATENE PÅ ST. OLAVS PLASS AS. Revenue 1.09m NOK → 1.13m NOK (+3.2%). Net result -14.1k NOK → -1 165 NOK. Equity 10.9k NOK → 9 720 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE PÅ ST. OLAVS PLASS AS.

At a glance

Scorecard

Revenue
1.09m NOK 1.13m NOK
+3.2%
Operating result
-13.7k NOK +1 671 NOK
+112.2%
Net result
-14.1k NOK -1 165 NOK
+91.8%
Equity
10.9k NOK 9 720 NOK
-10.7%
Cash
255.0k NOK 258.2k NOK
+1.3%
Total assets
294.5k NOK 353.7k NOK
+20.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.09m NOK to 1.13m NOK (+3.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -13.7k NOK → +1 671 NOK (op. margin -1.3% → 0.1%). Calculated

  • ↑

    Net result improved

    Net result -14.1k NOK → -1 165 NOK (net margin -1.3% → -0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 255.0k NOK → 258.2k NOK (+1.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.9k NOK → 9 720 NOK (equity ratio 3.7% → 2.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation