FirmaIQ
Org.nr 915 138 039 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA SULEIMAN & CO AS: årsregnskap 2019 vs 2018

Grew 9% on revenue, weaker earnings, cash halved-plus

approved 2020-05-27; registry 2020-05-30; journal 2020 409513

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA SULEIMAN & CO AS. Revenue 13.93m NOK → 15.14m NOK (+8.6%). Net result +25.2k NOK → +7 877 NOK. Equity 1.35m NOK → 1.36m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMA SULEIMAN & CO AS.

At a glance

Scorecard

Revenue
13.93m NOK 15.14m NOK
+8.6%
Operating result
+142.9k NOK +220.2k NOK
+54.1%
Net result
+25.2k NOK +7 877 NOK
-68.8%
Equity
1.35m NOK 1.36m NOK
+0.6%
Cash
1.12m NOK 275.8k NOK
-75.4%
Total assets
4.34m NOK 4.66m NOK
+7.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.93m NOK to 15.14m NOK (+8.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +142.9k NOK → +220.2k NOK (op. margin 1.0% → 1.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.35m NOK → 1.36m NOK (equity ratio 31.1% → 29.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +25.2k NOK → +7 877 NOK (net margin 0.2% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.12m NOK → 275.8k NOK (-75.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.12m NOK → 275.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation