FirmaIQ
Org.nr 915 665 586 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA REMMAN AS: årsregnskap 2019 vs 2018

Grew 17% on revenue, weaker earnings

approved 2020-05-01; registry 2020-05-06; journal 2020 332894

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA REMMAN AS. Revenue 2.33m NOK → 2.72m NOK (+16.7%). Net result +897.6k NOK → +1 152 NOK. Equity 1.89m NOK → 1.49m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA REMMAN AS.

At a glance

Scorecard

Revenue
2.33m NOK 2.72m NOK
+16.7%
Operating result
+1 158 NOK +1.53m NOK
+132338.1%
Net result
+897.6k NOK +1 152 NOK
-99.9%
Equity
1.89m NOK 1.49m NOK
-21.0%
Cash
785.7k NOK 443.0k NOK
-43.6%
Total assets
2.98m NOK 2.89m NOK
-3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.33m NOK to 2.72m NOK (+16.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 158 NOK → +1.53m NOK (op. margin 0.0% → 56.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +897.6k NOK → +1 152 NOK (net margin 38.5% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.89m NOK → 1.49m NOK (equity ratio 63.3% → 51.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 785.7k NOK → 443.0k NOK (-43.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 330.5k NOK → 108.2k NOK (-67.3% YoY). Calculated