Org.nr 921 220 669 2018 → 2019 Year-over-year analysis

ADVOKATHUSET VEST AS: årsregnskap 2019 vs 2018

Shrank 45% on revenue

approved 2020-08-25; registry 2020-10-06; journal 2020 909949

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATHUSET VEST AS. Revenue 19.7k NOK → 10.8k NOK (-45.2%). Equity -19.6k NOK → -20.0k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATHUSET VEST AS.

At a glance

Revenue

19.7k NOK 10.8k NOK

-45.2%

Operating result

-44.0k NOK -376 NOK

+99.1%

Net result

n/m -372 NOK

—

Equity

-19.6k NOK -20.0k NOK

-1.9%

Cash

4 748 NOK 12.7k NOK

+167.6%

Total assets

18.3k NOK 12.7k NOK

-30.5%

↑
Operating result improved

Operating result -44.0k NOK → -376 NOK (op. margin -223.3% → -3.5%). Calculated
↑
Cash rose

Bank deposits 4 748 NOK → 12.7k NOK (+167.6% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 19.7k NOK to 10.8k NOK (-45.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is -157.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation