Org.nr 977 470 064 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-02-21; registry 2020-03-12; journal 2020 238541

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 15.33m NOK → 15.24m NOK (-0.6%). Equity 372.2k NOK → 135.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS.

Scorecard

Revenue
15.33m NOK 15.24m NOK
-0.6%
Operating result
n/m +1.45m NOK
—
Net result
n/m +1.12m NOK
—
Equity
372.2k NOK 135.9k NOK
-63.5%
Cash
262.4k NOK 2.72m NOK
+935.0%
Total assets
5.46m NOK 4.93m NOK
-9.6%

What improved

  • ↑

    Cash rose

    Bank deposits 262.4k NOK → 2.72m NOK (+935.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.33m NOK to 15.24m NOK (-0.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 372.2k NOK → 135.9k NOK (equity ratio 6.8% → 2.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 10.08m NOK → 10.79m NOK (66% → 71% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation