FirmaIQ
Org.nr 994 267 256 2018 → 2019 Year-over-year analysis

ADVOKATENE SVEEN AS: årsregnskap 2019 vs 2018

Grew 5% on revenue, weaker earnings, cash halved-plus

approved 2020-05-20; registry 2020-06-02; journal 2020 411650

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATENE SVEEN AS. Revenue 2.90m NOK → 3.06m NOK (+5.3%). Net result +214.6k NOK → +62.1k NOK. Equity 64.3k NOK → 1.13m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE SVEEN AS.

At a glance

Scorecard

Revenue
2.90m NOK 3.06m NOK
+5.3%
Operating result
+217.7k NOK +72.5k NOK
-66.7%
Net result
+214.6k NOK +62.1k NOK
-71.1%
Equity
64.3k NOK 1.13m NOK
+1650.9%
Cash
150.9k NOK 188 NOK
-99.9%
Total assets
1.69m NOK 1.87m NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.90m NOK to 3.06m NOK (+5.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 64.3k NOK → 1.13m NOK (equity ratio 3.8% → 60.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +217.7k NOK → +72.5k NOK (op. margin 7.5% → 2.4%). Calculated

  • ↓

    Net result weakened

    Net result +214.6k NOK → +62.1k NOK (net margin 7.4% → 2.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 150.9k NOK → 188 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.91m NOK → 1.92m NOK (66% → 63% of revenue). Calculated