Org.nr 866 230 552 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET KLOMSÆT & CO AS: årsregnskap 2019 vs 2018

Mixed movements in the accounts

approved 2020-04-04; registry 2020-04-11; journal 2020 283519

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET KLOMSÆT & CO AS. Revenue 4.77m NOK → 4.91m NOK (+2.9%). Equity 569.9k NOK → 839.6k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.77m NOK 4.91m NOK
+2.9%
Operating result
+126.2k NOK n/m
—
Equity
569.9k NOK 839.6k NOK
+47.3%
Cash
773.8k NOK 543.8k NOK
-29.7%
Total assets
927.4k NOK 159.0k NOK
-82.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.77m NOK to 4.91m NOK (+2.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 569.9k NOK → 839.6k NOK (equity ratio 61.5% → 528.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.15m NOK → 1.35m NOK (45% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 773.8k NOK → 543.8k NOK (-29.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.57× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated