Org.nr 916 607 628 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET SANDER AS: årsregnskap 2019 vs 2018

Grew 12% on revenue, cash halved-plus

approved 2020-05-31; registry 2020-06-06; journal 2020 434818

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET SANDER AS. Revenue 1.75m NOK → 1.96m NOK (+11.9%). Equity 462.0k NOK → 337.5k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMAET SANDER AS.

At a glance

Revenue

1.75m NOK 1.96m NOK

+11.9%

Operating result

n/m +245.9k NOK

—

Net result

n/m +175.4k NOK

—

Equity

462.0k NOK 337.5k NOK

-27.0%

Cash

1.57m NOK 594.6k NOK

-62.2%

Total assets

1.90m NOK 1.03m NOK

-45.6%

↑
Revenue rose

Operating income / revenue moved from 1.75m NOK to 1.96m NOK (+11.9% YoY). Calculated

↓
Equity eroded

Book equity 462.0k NOK → 337.5k NOK (equity ratio 24.3% → 32.6%). Calculated
↓
Cash fell

Bank deposits 1.57m NOK → 594.6k NOK (-62.2% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.57m NOK → 594.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation