FirmaIQ
Org.nr 970 963 286 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 2019 vs 2018

Mixed movements in the accounts

approved 2020-04-03; registry 2020-04-06; journal 2020 280423

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 2.82m NOK → 2.70m NOK (-4.3%). Equity 1.94m NOK → 2.17m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET DENNIS R BRORSTRØM AS.

At a glance

Scorecard

Revenue
2.82m NOK 2.70m NOK
-4.3%
Equity
1.94m NOK 2.17m NOK
+11.9%
Cash
1.49m NOK 1.35m NOK
-8.8%
Total assets
3.13m NOK 3.39m NOK
+8.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.94m NOK → 2.17m NOK (equity ratio 62.1% → 64.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.82m NOK to 2.70m NOK (-4.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.49m NOK → 1.35m NOK (-8.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.74m NOK → 3.77m NOK (133% → 139% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 855 NOK → 115.4k NOK. Reported fact