Org.nr 989 258 699 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET SYLTE AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-03-29; registry 2020-05-16; journal 2020 360719

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET SYLTE AS. Revenue 20.61m NOK → 19.65m NOK (-4.7%). Equity 14.39m NOK → 14.00m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Revenue

20.61m NOK 19.65m NOK

-4.7%

Operating result

n/m +2.12m NOK

—

Net result

n/m +1.70m NOK

—

Equity

14.39m NOK 14.00m NOK

-2.7%

Cash

3.08m NOK 5.26m NOK

+70.6%

Total assets

23.98m NOK 18.08m NOK

-24.6%

↓
Revenue fell

Operating income / revenue moved from 20.61m NOK to 19.65m NOK (-4.7% YoY). Calculated
↓
Equity eroded

Book equity 14.39m NOK → 14.00m NOK (equity ratio 60.0% → 77.4%). Calculated
↓
Payroll up without matching revenue

Salary cost 10.54m NOK → 12.66m NOK (51% → 64% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 156.9k NOK → 614.6k NOK (+291.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 3 647 NOK → 7.83m NOK. Reported fact