FirmaIQ
Org.nr 991 435 271 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-05-20; registry 2020-05-30; journal 2020 405143

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ALVER AS. Revenue 18.73m NOK → 19.43m NOK (+3.7%). Net result +2.52m NOK → +1.02m NOK. Equity 1.80m NOK → 1.75m 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 ALVER AS.

At a glance

Scorecard

Revenue
18.73m NOK 19.43m NOK
+3.7%
Operating result
+3.23m NOK +1.32m NOK
-59.1%
Net result
+2.52m NOK +1.02m NOK
-59.5%
Equity
1.80m NOK 1.75m NOK
-2.7%
Cash
407.2k NOK 546.3k NOK
+34.2%
Total assets
9.60m NOK 9.97m NOK
+3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.73m NOK to 19.43m NOK (+3.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 407.2k NOK → 546.3k NOK (+34.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.23m NOK → +1.32m NOK (op. margin 17.2% → 6.8%). Calculated

  • ↓

    Net result weakened

    Net result +2.52m NOK → +1.02m NOK (net margin 13.5% → 5.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.80m NOK → 1.75m NOK (equity ratio 18.8% → 17.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.78m NOK → 12.88m NOK (63% → 66% of revenue). Calculated