FirmaIQ
Org.nr 979 393 172 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET LYSØ AS: årsregnskap 2019 vs 2018

Shrank 33% on revenue, weaker earnings

approved 2020-04-29; registry 2020-07-02; journal 2020 525485

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LYSØ AS. Revenue 8.41m NOK → 5.62m NOK (-33.1%). Net result +1.06m NOK → +365.2k NOK. Equity 418.8k NOK → 784.0k 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
8.41m NOK 5.62m NOK
-33.1%
Operating result
+383.2k NOK +471.0k NOK
+22.9%
Net result
+1.06m NOK +365.2k NOK
-65.5%
Equity
418.8k NOK 784.0k NOK
+87.2%
Cash
299.4k NOK 216.3k NOK
-27.8%
Total assets
3.22m NOK 2.13m NOK
-33.8%

What improved

  • ↑

    Operating result improved

    Operating result +383.2k NOK → +471.0k NOK (op. margin 4.6% → 8.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 418.8k NOK → 784.0k NOK (equity ratio 13.0% → 36.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.41m NOK to 5.62m NOK (-33.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.06m NOK → +365.2k NOK (net margin 12.6% → 6.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 299.4k NOK → 216.3k NOK (-27.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 127.7k NOK → 176.5k NOK (+38.2% YoY). Calculated