FirmaIQ
Org.nr 995 613 247 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET INDREITEN AS: årsregnskap 2019 vs 2018

Shrank 23% on revenue, cash halved-plus

approved 2020-05-29; registry 2020-06-02; journal 2020 422022

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET INDREITEN AS. Revenue 4.04m NOK → 3.12m NOK (-22.6%). Net result +1.39m NOK → +1.29m NOK. Equity 1.49m NOK → 1.95m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.04m NOK 3.12m NOK
-22.6%
Operating result
+864.5k NOK +1.62m NOK
+87.6%
Net result
+1.39m NOK +1.29m NOK
-7.2%
Equity
1.49m NOK 1.95m NOK
+30.8%
Cash
228.1k NOK 1 387 NOK
-99.4%
Total assets
3.15m NOK 3.11m NOK
-1.3%

What improved

  • ↑

    Operating result improved

    Operating result +864.5k NOK → +1.62m NOK (op. margin 21.4% → 51.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.49m NOK → 1.95m NOK (equity ratio 47.3% → 62.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.04m NOK to 3.12m NOK (-22.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.39m NOK → +1.29m NOK (net margin 34.4% → 41.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 228.1k NOK → 1 387 NOK (-99.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 226.2k NOK → 2.88m NOK (6% → 92% of revenue). Calculated