FirmaIQ
Org.nr 987 363 525 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA RIISØEN AS: årsregnskap 2019 vs 2018

Shrank 26% on revenue, weaker earnings

approved 2020-04-29; registry 2020-05-06; journal 2020 330550

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA RIISØEN AS. Revenue 1.75m NOK → 1.30m NOK (-25.7%). Net result +173.2k NOK → +7 235 NOK. Equity 1.25m NOK → 1.26m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.75m NOK 1.30m NOK
-25.7%
Operating result
n/m +17.3k NOK
—
Net result
+173.2k NOK +7 235 NOK
-95.8%
Equity
1.25m NOK 1.26m NOK
+0.6%
Cash
698.9k NOK 728.8k NOK
+4.3%
Total assets
772.9k NOK 1.77m NOK
+129.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.25m NOK → 1.26m NOK (equity ratio 162.2% → 71.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 698.9k NOK → 728.8k NOK (+4.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 900.4k NOK → 813.8k NOK (51% → 63% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.75m NOK to 1.30m NOK (-25.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +173.2k NOK → +7 235 NOK (net margin 9.9% → 0.6%). Calculated