FirmaIQ
Org.nr 991 418 210 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET ROANDER & CO AS: årsregnskap 2019 vs 2018

Shrank 5% on revenue

approved 2020-03-16; registry 2020-04-01; journal 2020 270049

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ROANDER & CO AS. Revenue 10.64m NOK → 10.09m NOK (-5.2%). Net result +2.19m NOK → +2.08m NOK. Equity 6.12m NOK → 6.20m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ROANDER & CO AS.

At a glance

Scorecard

Revenue
10.64m NOK 10.09m NOK
-5.2%
Operating result
+2.84m NOK +2.66m NOK
-6.5%
Net result
+2.19m NOK +2.08m NOK
-5.2%
Equity
6.12m NOK 6.20m NOK
+1.2%
Cash
7.29m NOK 6.00m NOK
-17.6%
Total assets
13.52m NOK 11.71m NOK
-13.4%

What improved

  • ↑

    Equity strengthened

    Book equity 6.12m NOK → 6.20m NOK (equity ratio 45.3% → 52.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.75m NOK → 6.25m NOK (63% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.64m NOK to 10.09m NOK (-5.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.84m NOK → +2.66m NOK (op. margin 26.7% → 26.3%). Calculated

  • ↓

    Net result weakened

    Net result +2.19m NOK → +2.08m NOK (net margin 20.6% → 20.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.29m NOK → 6.00m NOK (-17.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 24.4k NOK → -76.2k NOK (-413.1% YoY). Calculated