Org.nr 918 329 110 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA SYVERTSEN AS: årsregnskap 2019 vs 2018

Grew 45% on revenue, cash halved-plus, fresh owner capital

approved 2020-05-15; registry 2020-06-02; journal 2020 422314

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA SYVERTSEN AS. Revenue 1.51m NOK → 2.19m NOK (+45.2%). Equity 11.77m NOK → 12.20m NOK.

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

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

At a glance

Revenue

1.51m NOK 2.19m NOK

+45.2%

Operating result

n/m +1.05m NOK

—

Net result

n/m +817.1k NOK

—

Equity

11.77m NOK 12.20m NOK

+3.6%

Cash

242.5k NOK 112.2k NOK

-53.7%

Total assets

1 199 NOK 1.54m NOK

+128418.6%

↑
Revenue rose

Operating income / revenue moved from 1.51m NOK to 2.19m NOK (+45.2% YoY). Calculated
↑
Equity strengthened

Book equity 11.77m NOK → 12.20m NOK (equity ratio 981555.1% → 791.5%). Calculated
↑
Current ratio back above 1×

Current ratio 0.46× → 4.27×. Calculated
↑
Owners injected capital

Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

·
COGS moved

COGS / varekostnad 2 825 NOK → 55.6k NOK (+1866.8% YoY). Calculated