FirmaIQ
Org.nr 812 235 362 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA COMPLIANCEPARTNER AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-04-16; registry 2020-04-20; journal 2020 298208

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA COMPLIANCEPARTNER AS. Revenue 1.77m NOK → 1.81m NOK (+2.1%). Net result +270.0k NOK → +209.0k NOK. Equity 802.7k NOK → 961.6k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
1.77m NOK 1.81m NOK
+2.1%
Operating result
n/m +270.6k NOK
—
Net result
+270.0k NOK +209.0k NOK
-22.6%
Equity
802.7k NOK 961.6k NOK
+19.8%
Cash
685.9k NOK 114.2k NOK
-83.3%
Total assets
182.6k NOK 1.41m NOK
+674.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.77m NOK to 1.81m NOK (+2.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 802.7k NOK → 961.6k NOK (equity ratio 439.5% → 68.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 2.75×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +270.0k NOK → +209.0k NOK (net margin 15.3% → 11.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 685.9k NOK → 114.2k NOK (-83.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.05m NOK → 1.07m NOK (59% → 59% of revenue). Calculated