FirmaIQ
Org.nr 918 824 898 2018 → 2019 Year-over-year analysis

ADVOKATKONTORET MYHR & CO AS: årsregnskap 2019 vs 2018

Mixed movements in the accounts

approved 2020-03-17; registry 2020-03-19; journal 2020 249126

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATKONTORET MYHR & CO AS. Revenue 4.33m NOK → 4.47m NOK (+3.1%). Equity 214.9k NOK → 126.3k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATKONTORET MYHR & CO AS.

At a glance

Scorecard

Revenue
4.33m NOK 4.47m NOK
+3.1%
Equity
214.9k NOK 126.3k NOK
-41.2%
Cash
7.95m NOK 7.19m NOK
-9.6%
Total assets
9.03m NOK 8.27m NOK
-8.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.33m NOK to 4.47m NOK (+3.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 214.9k NOK → 126.3k NOK (equity ratio 2.4% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.95m NOK → 7.19m NOK (-9.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.47m NOK → 3.81m NOK (80% → 85% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 123.4k NOK → 107.8k NOK (-12.6% YoY). Calculated