Org.nr 922 393 702 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET GJESSING AS: årsregnskap 2019 vs 2018

Grew 15132% on revenue, cash halved-plus, fresh owner capital

approved 2020-03-31; registry 2020-04-07; journal 2020 282528

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET GJESSING AS. Revenue 103 NOK → 15.7k NOK (+15132.0%). Equity 0 NOK → 5.31m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET GJESSING AS.

At a glance

Revenue

103 NOK 15.7k NOK

+15132.0%

Operating result

n/m +5.27m NOK

—

Net result

n/m +4.12m NOK

—

Equity

0 NOK 5.31m NOK

—

Cash

5.59m NOK 4 NOK

-100.0%

Total assets

0 NOK 12.04m NOK

—

↑
Revenue rose

Operating income / revenue moved from 103 NOK to 15.7k NOK (+15132.0% YoY). Calculated
↑
Equity strengthened

Book equity 0 NOK → 5.31m NOK. Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (5.59m NOK → 4 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Payroll increased

Salary cost 147 NOK → 7 508 NOK (143% → 48% of revenue). Calculated