Org.nr 917 291 195 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET SØNNING AS: årsregnskap 2019 vs 2018

Grew 8% on revenue

approved 2020-05-28; registry 2020-08-27; journal 2020 725413

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET SØNNING AS. Revenue 2.84m NOK → 3.08m NOK (+8.1%). Equity 1.66m NOK → 810.5k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

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

At a glance

Revenue

2.84m NOK 3.08m NOK

+8.1%

Operating result

+2.29m NOK +2.53m NOK

+10.8%

Net result

n/m +1.98m NOK

—

Equity

1.66m NOK 810.5k NOK

-51.1%

Cash

265.2k NOK 1.17m NOK

+342.9%

Total assets

2.49m NOK 4.40m NOK

+76.7%

↑
Revenue rose

Operating income / revenue moved from 2.84m NOK to 3.08m NOK (+8.1% YoY). Calculated
↑
Operating result improved

Operating result +2.29m NOK → +2.53m NOK (op. margin 80.3% → 82.4%). Calculated
↑
Cash rose

Bank deposits 265.2k NOK → 1.17m NOK (+342.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.32× → 7.44×. Calculated

↓
Equity eroded

Book equity 1.66m NOK → 810.5k NOK (equity ratio 66.5% → 18.4%). Calculated