FirmaIQ
Org.nr 916 367 716 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET OLDERMANN AS: årsregnskap 2019 vs 2018

Shrank 14% on revenue, cash halved-plus

approved 2020-03-09; registry 2020-05-06; journal 2020 330214

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET OLDERMANN AS. Revenue 4.22m NOK → 3.62m NOK (-14.2%). Net result +441.2k NOK → +450.6k NOK. Equity 256.9k NOK → 257.5k NOK.

Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET OLDERMANN AS.

At a glance

Scorecard

Revenue
4.22m NOK 3.62m NOK
-14.2%
Operating result
n/m +578.4k NOK
—
Net result
+441.2k NOK +450.6k NOK
+2.1%
Equity
256.9k NOK 257.5k NOK
+0.2%
Cash
747.1k NOK 268.6k NOK
-64.0%
Total assets
1.57m NOK 420.3k NOK
-73.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.22m NOK to 3.62m NOK (-14.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 747.1k NOK → 268.6k NOK (-64.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.44m NOK → 1.52m NOK (34% → 42% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 74.5k NOK → 74 NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 200 NOK → 1 NOK. Reported fact