FirmaIQ
Org.nr 979 467 249 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET AASEN AS: årsregnskap 2019 vs 2018

Grew 14% on revenue, weaker earnings

approved 2020-06-26; registry 2020-06-29; journal 2020 534807

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET AASEN AS. Revenue 3.58m NOK → 4.07m NOK (+13.7%). Net result -40.8k NOK → -179.3k NOK. Equity 554.7k NOK → 375.4k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET AASEN AS.

At a glance

Scorecard

Revenue
3.58m NOK 4.07m NOK
+13.7%
Operating result
-43.3k NOK -179.9k NOK
-315.9%
Net result
-40.8k NOK -179.3k NOK
-339.5%
Equity
554.7k NOK 375.4k NOK
-32.3%
Cash
389.4k NOK 467.1k NOK
+20.0%
Total assets
1.64m NOK 1.64m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.58m NOK to 4.07m NOK (+13.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 389.4k NOK → 467.1k NOK (+20.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -43.3k NOK → -179.9k NOK (op. margin -1.2% → -4.4%). Calculated

  • ↓

    Net result weakened

    Net result -40.8k NOK → -179.3k NOK (net margin -1.1% → -4.4%). Calculated

  • ↓

    Equity eroded

    Book equity 554.7k NOK → 375.4k NOK (equity ratio 33.9% → 22.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.70m NOK → 3.26m NOK (75% → 80% of revenue). Calculated