Org.nr 920 036 902 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HEUSSCHE AS: årsregnskap 2019 vs 2018

Grew 152273% on revenue

approved 2020-04-16; registry 2020-04-20; journal 2020 298252

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HEUSSCHE AS. Revenue 1 122 NOK → 1.71m NOK (+152272.8%). Equity 1 319 NOK → 7.33m NOK.

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

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

At a glance

Revenue

1 122 NOK 1.71m NOK

+152272.8%

Operating result

n/m +427.8k NOK

—

Net result

n/m +326.9k NOK

—

Equity

1 319 NOK 7.33m NOK

+555488.9%

Cash

72.7k NOK 212.3k NOK

+191.9%

Total assets

313.6k NOK 770.8k NOK

+145.8%

↑
Revenue rose

Operating income / revenue moved from 1 122 NOK to 1.71m NOK (+152272.8% YoY). Calculated
↑
Equity strengthened

Book equity 1 319 NOK → 7.33m NOK (equity ratio 0.4% → 950.8%). Calculated
↑
Cash rose

Bank deposits 72.7k NOK → 212.3k NOK (+191.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.55× → 1.53×. Calculated

·
Payroll increased

Salary cost 410.6k NOK → 568.8k NOK (36597% → 33% of revenue). Calculated