FirmaIQ
Org.nr 919 608 439 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HUSAAS AS: årsregnskap 2019 vs 2018

Grew 1613% on revenue, stronger earnings

approved 2020-05-19; registry 2020-05-26; journal 2020 385760

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HUSAAS AS. Revenue 81.3k NOK → 1.39m NOK (+1612.9%). Net result +182.8k NOK → +305.9k NOK. Equity 361.6k NOK → 667.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
81.3k NOK 1.39m NOK
+1612.9%
Operating result
+240.7k NOK +397.5k NOK
+65.1%
Net result
+182.8k NOK +305.9k NOK
+67.4%
Equity
361.6k NOK 667.4k NOK
+84.6%
Cash
335.1k NOK 689.8k NOK
+105.9%
Total assets
566.5k NOK 24.9k NOK
-95.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 81.3k NOK to 1.39m NOK (+1612.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +240.7k NOK → +397.5k NOK (op. margin 296.0% → 28.5%). Calculated

  • ↑

    Net result improved

    Net result +182.8k NOK → +305.9k NOK (net margin 224.7% → 22.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 361.6k NOK → 667.4k NOK (equity ratio 63.8% → 2682.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 335.1k NOK → 689.8k NOK (+105.9% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.77× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated