FirmaIQ
Org.nr 888 997 482 2018 → 2019 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2019 vs 2018

Grew 5% on revenue, stronger earnings

approved 2020-05-22; registry 2020-05-30; journal 2020 409833

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT FINN OVE SMITH AS. Revenue 5.62m NOK → 5.92m NOK (+5.4%). Net result +1.68m NOK → +2.06m NOK. Equity 3.52m NOK → 3.53m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
5.62m NOK 5.92m NOK
+5.4%
Operating result
+2.20m NOK +2.67m NOK
+21.2%
Net result
+1.68m NOK +2.06m NOK
+22.7%
Equity
3.52m NOK 3.53m NOK
+0.1%
Cash
4.26m NOK 4.47m NOK
+5.0%
Total assets
6.43m NOK 6.86m NOK
+6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.62m NOK to 5.92m NOK (+5.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.20m NOK → +2.67m NOK (op. margin 39.2% → 45.0%). Calculated

  • ↑

    Net result improved

    Net result +1.68m NOK → +2.06m NOK (net margin 29.9% → 34.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.52m NOK → 3.53m NOK (equity ratio 54.7% → 51.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.26m NOK → 4.47m NOK (+5.0% YoY). Calculated