FirmaIQ
Org.nr 993 533 521 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2019 vs 2018

Shrank 16% on revenue, weaker earnings

approved 2020-03-25; registry 2020-03-30; journal 2020 267409

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 3.14m NOK → 2.63m NOK (-16.3%). Net result +182.4k NOK → +29.0k NOK. Equity 1.39m NOK → 1.39m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
3.14m NOK 2.63m NOK
-16.3%
Operating result
+241.8k NOK +39.1k NOK
-83.8%
Net result
+182.4k NOK +29.0k NOK
-84.1%
Equity
1.39m NOK 1.39m NOK
-0.1%
Cash
619.9k NOK 899.8k NOK
+45.1%
Total assets
2.21m NOK 1.87m NOK
-15.3%

What improved

  • ↑

    Cash rose

    Bank deposits 619.9k NOK → 899.8k NOK (+45.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.85m NOK → 1.74m NOK (59% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.14m NOK to 2.63m NOK (-16.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +241.8k NOK → +39.1k NOK (op. margin 7.7% → 1.5%). Calculated

  • ↓

    Net result weakened

    Net result +182.4k NOK → +29.0k NOK (net margin 5.8% → 1.1%). Calculated