FirmaIQ
Org.nr 998 450 039 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET UNNELAND AS: årsregnskap 2019 vs 2018

Shrank 16% on revenue, weaker earnings

approved 2020-03-04; registry 2020-03-09; journal 2020 232665

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET UNNELAND AS. Revenue 13.20m NOK → 11.06m NOK (-16.2%). Net result -33.0k NOK → -750.6k NOK. Equity 22.09m NOK → 21.34m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
13.20m NOK 11.06m NOK
-16.2%
Net result
-33.0k NOK -750.6k NOK
-2172.7%
Equity
22.09m NOK 21.34m NOK
-3.4%
Cash
8.77m NOK 8.14m NOK
-7.2%
Total assets
24.85m NOK 23.12m NOK
-7.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.20m NOK to 11.06m NOK (-16.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result -33.0k NOK → -750.6k NOK (net margin -0.3% → -6.8%). Calculated

  • ↓

    Equity eroded

    Book equity 22.09m NOK → 21.34m NOK (equity ratio 88.9% → 92.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.77m NOK → 8.14m NOK (-7.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 NOK → 8.36m NOK (0% → 76% of revenue). Calculated