FirmaIQ
Org.nr 990 026 254 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET JARELD AS: årsregnskap 2019 vs 2018

Shrank 64% on revenue, weaker earnings, cash halved-plus

approved 2020-03-26; registry 2020-03-30; journal 2020 264867

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET JARELD AS. Revenue 1.02m NOK → 362.5k NOK (-64.3%). Net result +778.3k NOK → +165.9k NOK. Equity -723.0k NOK → -557.1k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET JARELD AS.

At a glance

Scorecard

Revenue
1.02m NOK 362.5k NOK
-64.3%
Operating result
+743.3k NOK +163.5k NOK
-78.0%
Net result
+778.3k NOK +165.9k NOK
-78.7%
Equity
-723.0k NOK -557.1k NOK
+22.9%
Cash
328.4k NOK 89.5k NOK
-72.7%
Total assets
823.2k NOK 450.4k NOK
-45.3%

What improved

  • ↑

    Equity strengthened

    Book equity -723.0k NOK → -557.1k NOK (equity ratio -87.8% → -123.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.02m NOK to 362.5k NOK (-64.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +743.3k NOK → +163.5k NOK (op. margin 73.1% → 45.1%). Calculated

  • ↓

    Net result weakened

    Net result +778.3k NOK → +165.9k NOK (net margin 76.6% → 45.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 328.4k NOK → 89.5k NOK (-72.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -123.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation