FirmaIQ
Org.nr 992 564 342 2018 → 2019 Year-over-year analysis

ADVOKATHUSET BREIVIK AS: årsregnskap 2019 vs 2018

Grew 40% on revenue, returned to profit

approved 2020-04-30; registry 2020-06-17; journal 2020 473756

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATHUSET BREIVIK AS. Revenue 2.16m NOK → 3.01m NOK (+39.7%). Net result -317.8k NOK → +580.7k NOK. Equity 34.6k NOK → 5.62m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
2.16m NOK 3.01m NOK
+39.7%
Operating result
-409.0k NOK +742.3k NOK
+281.5%
Net result
-317.8k NOK +580.7k NOK
+282.7%
Equity
34.6k NOK 5.62m NOK
+16133.9%
Cash
330.4k NOK 691.8k NOK
+109.4%
Total assets
716.5k NOK 200.8k NOK
-72.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.16m NOK to 3.01m NOK (+39.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -409.0k NOK → +742.3k NOK (op. margin -19.0% → 24.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 317.8k NOK to a profit of 580.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 34.6k NOK → 5.62m NOK (equity ratio 4.8% → 2796.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 330.4k NOK → 691.8k NOK (+109.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 25.5k NOK → 1 847 NOK (-92.8% YoY). Calculated