FirmaIQ
Org.nr 979 693 877 1998 → 1999 Year-over-year analysis

ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS: årsregnskap 1999 vs 1998

Grew 98866% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS. Revenue 2 798 NOK → 2.77m NOK (+98866.4%). Net result +84.3k NOK → +648.6k NOK. Equity 834.3k NOK → 482.9k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS.

At a glance

Scorecard

Revenue
2 798 NOK 2.77m NOK
+98866.4%
Operating result
+293.7k NOK +432.5k NOK
+47.3%
Net result
+84.3k NOK +648.6k NOK
+669.4%
Equity
834.3k NOK 482.9k NOK
-42.1%
Cash
779.4k NOK 952.0k NOK
+22.1%
Total assets
6.93m NOK 6.71m NOK
-3.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 798 NOK to 2.77m NOK (+98866.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +293.7k NOK → +432.5k NOK (op. margin 10495.6% → 15.6%). Calculated

  • ↑

    Net result improved

    Net result +84.3k NOK → +648.6k NOK (net margin 3012.8% → 23.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 779.4k NOK → 952.0k NOK (+22.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 834.3k NOK → 482.9k NOK (equity ratio 12.0% → 7.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 300.0k NOK → 0 NOK. Reported fact