Org.nr 921 146 426 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET GJESDAHL AS: årsregnskap 2019 vs 2018

Shrank 22% on revenue, slipped into loss, fresh owner capital

approved 2020-05-29; registry 2020-06-02; journal 2020 421178

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET GJESDAHL AS. Revenue 1.30m NOK → 1.02m NOK (-22.1%). Net result +700.9k NOK → -310.3k NOK. Equity 1.85m NOK → 1.54m NOK.

On the constructive side: operating result improved; owners injected capital; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.30m NOK 1.02m NOK
-22.1%
Operating result
-602.0k NOK -402.2k NOK
+33.2%
Net result
+700.9k NOK -310.3k NOK
-144.3%
Equity
1.85m NOK 1.54m NOK
-16.8%
Cash
1.36m NOK 1.07m NOK
-21.2%
Total assets
2.14m NOK 1.66m NOK
-22.3%

What improved

  • ↑

    Operating result improved

    Operating result -602.0k NOK → -402.2k NOK (op. margin -46.2% → -39.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 342.5k NOK → 2.34m NOK (+2.00m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 747.4k NOK → 681.3k NOK (57% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.30m NOK to 1.02m NOK (-22.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 700.9k NOK profit to a loss of 310.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.85m NOK → 1.54m NOK (equity ratio 86.4% → 92.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.36m NOK → 1.07m NOK (-21.2% YoY). Calculated