Org.nr 916 284 055 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET GLITTERTIND AS: årsregnskap 2019 vs 2018

Grew 13% on revenue

approved 2020-04-15; registry 2020-05-02; journal 2020 323231

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET GLITTERTIND AS. Revenue 106.98m NOK → 121.26m NOK (+13.3%). Equity 38.52m NOK → 42.29m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET GLITTERTIND AS.

Scorecard

Revenue
106.98m NOK 121.26m NOK
+13.3%
Operating result
n/m +65.94m NOK
—
Net result
n/m +65.77m NOK
—
Equity
38.52m NOK 42.29m NOK
+9.8%
Cash
23.73m NOK 17.37m NOK
-26.8%
Total assets
52.49m NOK 57.61m NOK
+9.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 106.98m NOK to 121.26m NOK (+13.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 38.52m NOK → 42.29m NOK (equity ratio 73.4% → 73.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.50m NOK → 4.00m NOK (+500.0k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 23.73m NOK → 17.37m NOK (-26.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 32.08m NOK → 37.39m NOK (30% → 31% of revenue). Calculated