FirmaIQ
Org.nr 982 791 553 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2019 vs 2018

Shrank 21% on revenue, slipped into loss, cash halved-plus

approved 2020-04-02; registry 2020-04-25; journal 2020 308406

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 1.34m NOK → 1.06m NOK (-21.0%). Net result +185.1k NOK → -138.4k NOK. Equity 490.5k NOK → 352.0k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.34m NOK 1.06m NOK
-21.0%
Operating result
n/m -141.5k NOK
—
Net result
+185.1k NOK -138.4k NOK
-174.8%
Equity
490.5k NOK 352.0k NOK
-28.2%
Cash
642.8k NOK 320.1k NOK
-50.2%
Total assets
2.36m NOK 2.57m NOK
+8.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.34m NOK to 1.06m NOK (-21.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 185.1k NOK profit to a loss of 138.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 490.5k NOK → 352.0k NOK (equity ratio 20.7% → 13.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 642.8k NOK → 320.1k NOK (-50.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3 080 NOK → 15.9k NOK (+415.9% YoY). Calculated