FirmaIQ
Org.nr 984 214 693 2018 → 2019 Year-over-year analysis

ADVOKATHUSET JUST AS: årsregnskap 2019 vs 2018

Grew 569% on revenue, cash halved-plus

approved 2020-05-11; registry 2020-05-14; journal 2020 356233

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATHUSET JUST AS. Revenue 361.9k NOK → 2.42m NOK (+569.1%). Net result +2 893 NOK → +1 799 NOK. Equity 117.4k NOK → 119.2k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
361.9k NOK 2.42m NOK
+569.1%
Operating result
+3 449 NOK +1 766 NOK
-48.8%
Net result
+2 893 NOK +1 799 NOK
-37.8%
Equity
117.4k NOK 119.2k NOK
+1.5%
Cash
72.3k NOK 29.2k NOK
-59.7%
Total assets
363.0k NOK 381.1k NOK
+5.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 361.9k NOK to 2.42m NOK (+569.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 117.4k NOK → 119.2k NOK (equity ratio 32.3% → 31.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 1.01×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3 449 NOK → +1 766 NOK (op. margin 1.0% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +2 893 NOK → +1 799 NOK (net margin 0.8% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 72.3k NOK → 29.2k NOK (-59.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 15.0k NOK → 31.8k NOK (+112.7% YoY). Calculated