Org.nr 914 160 898 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET ERIKSEN AS: årsregnskap 2019 vs 2018

Shrank 9% on revenue

approved 2020-04-15; registry 2020-04-20; journal 2020 296770

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ERIKSEN AS. Revenue 5.97m NOK → 5.43m NOK (-9.0%). Equity 1.30m NOK → 1.36m NOK.

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

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

At a glance

Revenue

5.97m NOK 5.43m NOK

-9.0%

Operating result

n/m +309.5k NOK

—

Net result

n/m +254.4k NOK

—

Equity

1.30m NOK 1.36m NOK

+4.2%

Cash

762.4k NOK 995.0k NOK

+30.5%

Total assets

2.54m NOK 2.46m NOK

-3.3%

↑
Equity strengthened

Book equity 1.30m NOK → 1.36m NOK (equity ratio 51.3% → 55.2%). Calculated
↑
Cash rose

Bank deposits 762.4k NOK → 995.0k NOK (+30.5% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.97m NOK to 5.43m NOK (-9.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.45m NOK → 3.54m NOK (58% → 65% of revenue). Calculated