FirmaIQ
Org.nr 888 440 992 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HTD AS: årsregnskap 2019 vs 2018

Grew 266% on revenue, cash halved-plus

approved 2020-03-24; registry 2020-03-30; journal 2020 264241

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HTD AS. Revenue 370.1k NOK → 1.35m NOK (+266.0%). Net result +293.2k NOK → +302.4k NOK. Equity 866.9k NOK → 969.3k NOK.

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

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

At a glance

Scorecard

Revenue
370.1k NOK 1.35m NOK
+266.0%
Operating result
+385.9k NOK +386.2k NOK
+0.1%
Net result
+293.2k NOK +302.4k NOK
+3.1%
Equity
866.9k NOK 969.3k NOK
+11.8%
Cash
923.7k NOK 66.1k NOK
-92.8%
Total assets
1.50m NOK 1.53m NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 370.1k NOK to 1.35m NOK (+266.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +385.9k NOK → +386.2k NOK (op. margin 104.3% → 28.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 866.9k NOK → 969.3k NOK (equity ratio 57.9% → 63.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 923.7k NOK → 66.1k NOK (-92.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 3722.02bn NOK (0% → 274784651% of revenue). Calculated