FirmaIQ
Org.nr 917 557 128 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET ALM AS: årsregnskap 2019 vs 2018

Shrank 11% on revenue, returned to profit

approved 2020-05-30; registry 2020-06-03; journal 2020 423791

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ALM AS. Revenue 609.5k NOK → 543.3k NOK (-10.9%). Net result -97.1k NOK → +819 NOK. Equity 452.5k NOK → 453.3k NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
609.5k NOK 543.3k NOK
-10.9%
Operating result
-98.2k NOK -1 736 NOK
+98.2%
Net result
-97.1k NOK +819 NOK
+100.8%
Equity
452.5k NOK 453.3k NOK
+0.2%
Cash
390.2k NOK 412.2k NOK
+5.6%
Total assets
531.5k NOK 562.8k NOK
+5.9%

What improved

  • ↑

    Operating result improved

    Operating result -98.2k NOK → -1 736 NOK (op. margin -16.1% → -0.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 97.1k NOK to a profit of 819 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 390.2k NOK → 412.2k NOK (+5.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 435.6k NOK → 294.0k NOK (71% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 609.5k NOK to 543.3k NOK (-10.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 4 156 NOK → 12.7k NOK (+205.3% YoY). Calculated