Org.nr 986 516 018 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA LOHNE KROKEIDE AS: årsregnskap 2019 vs 2018

Shrank 13% on revenue, cash halved-plus

approved 2020-05-20; registry 2020-05-27; journal 2020 393895

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA LOHNE KROKEIDE AS. Revenue 11.13m NOK → 9.63m NOK (-13.5%). Equity 529.7k NOK → 536.5k NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
11.13m NOK 9.63m NOK
-13.5%
Operating result
n/m +2.17m NOK
—
Net result
n/m +1.71m NOK
—
Equity
529.7k NOK 536.5k NOK
+1.3%
Cash
769.7k NOK 35.7k NOK
-95.4%
Total assets
5.83m NOK 4.45m NOK
-23.6%

What improved

  • ↑

    Equity strengthened

    Book equity 529.7k NOK → 536.5k NOK (equity ratio 9.1% → 12.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.00×. Calculated

  • ↑

    Payroll decreased

    Salary cost 6.45m NOK → 5.29m NOK (58% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.13m NOK to 9.63m NOK (-13.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 769.7k NOK → 35.7k NOK (-95.4% YoY). Calculated