Org.nr 912 829 022 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA MJAASETH AS: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-01-14; registry 2020-03-16; journal 2020 242748

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA MJAASETH AS. Revenue 1.82m NOK → 1.85m NOK (+1.8%). Net result -43.2k NOK → +21.9k NOK. Equity 504.0k NOK → 525.9k NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAASETH AS.

Scorecard

Revenue
1.82m NOK 1.85m NOK
+1.8%
Net result
-43.2k NOK +21.9k NOK
+150.6%
Equity
504.0k NOK 525.9k NOK
+4.3%
Cash
235.3k NOK 280.8k NOK
+19.3%
Total assets
1.92m NOK 1.20m NOK
-37.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.82m NOK to 1.85m NOK (+1.8% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 43.2k NOK to a profit of 21.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 504.0k NOK → 525.9k NOK (equity ratio 26.2% → 43.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 235.3k NOK → 280.8k NOK (+19.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 256.1k NOK → 352.9k NOK. Reported fact