FirmaIQ
Org.nr 913 871 618 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA GEIRR FRØNES AS: årsregnskap 2019 vs 2018

Stronger earnings, fresh owner capital

approved 2020-05-27; registry 2020-06-02; journal 2020 412692

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA GEIRR FRØNES AS. Revenue 3.00m NOK → 2.90m NOK (-3.4%). Net result +204.0k NOK → +330.2k NOK. Equity 988.1k NOK → 763.3k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.00m NOK 2.90m NOK
-3.4%
Operating result
+240.7k NOK +437.3k NOK
+81.7%
Net result
+204.0k NOK +330.2k NOK
+61.9%
Equity
988.1k NOK 763.3k NOK
-22.7%
Cash
548.0k NOK 739.5k NOK
+34.9%
Total assets
1.43m NOK 292.2k NOK
-79.5%

What improved

  • ↑

    Operating result improved

    Operating result +240.7k NOK → +437.3k NOK (op. margin 8.0% → 15.1%). Calculated

  • ↑

    Net result improved

    Net result +204.0k NOK → +330.2k NOK (net margin 6.8% → 11.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 548.0k NOK → 739.5k NOK (+34.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 9 834 NOK → 30.0k NOK (+20.2k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 1.91m NOK → 1.86m NOK (64% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.00m NOK to 2.90m NOK (-3.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 988.1k NOK → 763.3k NOK (equity ratio 69.3% → 261.2%). Calculated