Org.nr 922 696 810 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HELMR AS: årsregnskap 2019 vs 2018

Fresh owner capital

approved 2020-04-29; registry 2020-05-07; journal 2020 335836

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HELMR AS. Revenue 0 NOK → 36.77m NOK. Equity 0 NOK → 1.11m NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HELMR AS.

Scorecard

Revenue
0 NOK 36.77m NOK
—
Operating result
n/m -703.5k NOK
—
Net result
n/m -604.0k NOK
—
Equity
0 NOK 1.11m NOK
—
Cash
232 NOK 8 101 NOK
+3391.8%
Total assets
0 NOK 13.40m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 36.77m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 1.11m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 232 NOK → 8 101 NOK (+3391.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.24× → 1951.49×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 70 NOK → 1 709 NOK (+1 639 NOK). Reported fact

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 793 NOK → 29.9k NOK. Calculated