FirmaIQ
Org.nr 991 099 751 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HASLE AS: årsregnskap 2019 vs 2018

Shrank 15% on revenue, weaker earnings

approved 2020-04-20; registry 2020-04-25; journal 2020 309356

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HASLE AS. Revenue 3.37m NOK → 2.86m NOK (-15.3%). Net result +278.3k NOK → +77.1k NOK. Equity 131.5k NOK → 225.3k NOK.

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

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

At a glance

Scorecard

Revenue
3.37m NOK 2.86m NOK
-15.3%
Operating result
n/m +100.1k NOK
—
Net result
+278.3k NOK +77.1k NOK
-72.3%
Equity
131.5k NOK 225.3k NOK
+71.3%
Cash
1.05m NOK 1.73m NOK
+64.1%
Total assets
700.4k NOK 2.22m NOK
+216.6%

What improved

  • ↑

    Equity strengthened

    Book equity 131.5k NOK → 225.3k NOK (equity ratio 18.8% → 10.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.05m NOK → 1.73m NOK (+64.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 104.1k NOK → 120.8k NOK (+16.7k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 1.59m NOK → 1.30m NOK (47% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.37m NOK to 2.86m NOK (-15.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +278.3k NOK → +77.1k NOK (net margin 8.2% → 2.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 900.6k NOK → 4 486 NOK (-99.5% YoY). Calculated