Org.nr 998 547 210 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HORNELAND AS: årsregnskap 2019 vs 2018

Grew 201% on revenue, cash halved-plus

approved 2020-05-29; registry 2020-06-02; journal 2020 420912

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HORNELAND AS. Revenue 235.0k NOK → 708.4k NOK (+201.4%). Equity 111.4k NOK → 318.6k NOK.

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

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

At a glance

Revenue

235.0k NOK 708.4k NOK

+201.4%

Operating result

+169.7k NOK +1 163 NOK

-99.3%

Net result

n/m +907.2k NOK

—

Equity

111.4k NOK 318.6k NOK

+186.0%

Cash

316.8k NOK 1 198 NOK

-99.6%

Total assets

316.8k NOK 682.6k NOK

+115.5%

↑
Revenue rose

Operating income / revenue moved from 235.0k NOK to 708.4k NOK (+201.4% YoY). Calculated
↑
Equity strengthened

Book equity 111.4k NOK → 318.6k NOK (equity ratio 35.2% → 46.7%). Calculated

↓
Operating result weakened

Operating result +169.7k NOK → +1 163 NOK (op. margin 72.2% → 0.2%). Calculated
↓
Cash fell

Bank deposits 316.8k NOK → 1 198 NOK (-99.6% YoY). Calculated