FirmaIQ
Org.nr 970 920 420 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HVATTUM AS: årsregnskap 2019 vs 2018

Grew 19305% on revenue

approved 2020-05-08; registry 2020-05-26; journal 2020 383974

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HVATTUM AS. Revenue 1 136 NOK → 220.4k NOK (+19305.3%). Net result +109.1k NOK → +122.7k NOK. Equity 926.9k NOK → 849.6k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
1 136 NOK 220.4k NOK
+19305.3%
Net result
+109.1k NOK +122.7k NOK
+12.5%
Equity
926.9k NOK 849.6k NOK
-8.3%
Cash
11.2k NOK 210.2k NOK
+1782.0%
Total assets
1.12m NOK 1.37m NOK
+22.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 136 NOK to 220.4k NOK (+19305.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +109.1k NOK → +122.7k NOK (net margin 9600.8% → 55.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.2k NOK → 210.2k NOK (+1782.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 926.9k NOK → 849.6k NOK (equity ratio 82.9% → 62.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 487.9k NOK → 634.3k NOK (42946% → 288% of revenue). Calculated