Org.nr 818 120 842 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET SIRI K. KARLSEN AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2019-12-31; registry 2020-06-02; journal 2020 422048

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET SIRI K. KARLSEN AS. Revenue 2.65m NOK → 2.52m NOK (-4.9%). Net result +74.8k NOK → +60.3k NOK. Equity 622.3k NOK → 14.68m 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 SIRI K. KARLSEN AS.

Scorecard

Revenue
2.65m NOK 2.52m NOK
-4.9%
Operating result
+68.4k NOK +56.8k NOK
-16.9%
Net result
+74.8k NOK +60.3k NOK
-19.4%
Equity
622.3k NOK 14.68m NOK
+2259.4%
Cash
519.9k NOK 203.6k NOK
-60.8%
Total assets
n/m 1.06m NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 622.3k NOK → 14.68m NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.66m NOK → 2 NOK (63% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.65m NOK to 2.52m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +68.4k NOK → +56.8k NOK (op. margin 2.6% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result +74.8k NOK → +60.3k NOK (net margin 2.8% → 2.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 519.9k NOK → 203.6k NOK (-60.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 77.1k NOK → 39.1k NOK (-49.4% YoY). Calculated