FirmaIQ
Org.nr 992 951 605 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET T-HOX AS: årsregnskap 2019 vs 2018

Grew 25% on revenue, weaker earnings

approved 2020-06-24; registry 2020-06-29; journal 2020 523125

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET T-HOX AS. Revenue 40.0k NOK → 50.0k NOK (+25.0%). Net result -186.5k NOK → -370.0k NOK. Equity -2.25m NOK → -2.62m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET T-HOX AS.

At a glance

Scorecard

Revenue
40.0k NOK 50.0k NOK
+25.0%
Operating result
-59.9k NOK -626.9k NOK
-946.5%
Net result
-186.5k NOK -370.0k NOK
-98.4%
Equity
-2.25m NOK -2.62m NOK
-16.5%
Cash
1.73m NOK 1.50m NOK
-13.6%
Total assets
2.37m NOK 2.12m NOK
-10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.0k NOK to 50.0k NOK (+25.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -59.9k NOK → -626.9k NOK (op. margin -149.8% → -1253.9%). Calculated

  • ↓

    Net result weakened

    Net result -186.5k NOK → -370.0k NOK (net margin -466.2% → -740.0%). Calculated

  • ↓

    Equity eroded

    Book equity -2.25m NOK → -2.62m NOK (equity ratio -94.9% → -123.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.73m NOK → 1.50m NOK (-13.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -123.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation