FirmaIQ
Org.nr 911 943 328 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET BAADSTØ AS: årsregnskap 2019 vs 2018

Shrank 17% on revenue, weaker earnings

approved 2020-05-28; registry 2020-06-02; journal 2020 417696

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET BAADSTØ AS. Revenue 4.25m NOK → 3.52m NOK (-17.1%). Net result +218.5k NOK → +17.4k NOK. Equity 2.02m NOK → 2.04m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAADSTØ AS.

At a glance

Scorecard

Revenue
4.25m NOK 3.52m NOK
-17.1%
Operating result
+283.4k NOK -1 585 NOK
-100.6%
Net result
+218.5k NOK +17.4k NOK
-92.0%
Equity
2.02m NOK 2.04m NOK
+0.9%
Cash
8.72m NOK 8.62m NOK
-1.1%
Total assets
2.75m NOK 2.86m NOK
+3.9%

What improved

  • ↑

    Equity strengthened

    Book equity 2.02m NOK → 2.04m NOK (equity ratio 73.5% → 71.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.25m NOK to 3.52m NOK (-17.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +283.4k NOK → -1 585 NOK (op. margin 6.7% → -0.0%). Calculated

  • ↓

    Net result weakened

    Net result +218.5k NOK → +17.4k NOK (net margin 5.1% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.72m NOK → 8.62m NOK (-1.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 282.5k NOK → 228.9k NOK (-19.0% YoY). Calculated