FirmaIQ
Org.nr 913 760 727 2018 → 2019 Year-over-year analysis

ADVOKAT HELGHEIM AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-26; registry 2020-06-02; journal 2020 413574

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT HELGHEIM AS. Revenue 2.35m NOK → 2.36m NOK (+0.3%). Net result +380.5k NOK → +988.0k NOK. Equity 1.55m NOK → 2.54m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HELGHEIM AS.

At a glance

Scorecard

Revenue
2.35m NOK 2.36m NOK
+0.3%
Operating result
+592.2k NOK +1 172 NOK
-99.8%
Net result
+380.5k NOK +988.0k NOK
+159.7%
Equity
1.55m NOK 2.54m NOK
+63.7%
Cash
3.20m NOK 3.76m NOK
+17.5%
Total assets
3.33m NOK 4.40m NOK
+31.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.35m NOK to 2.36m NOK (+0.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +380.5k NOK → +988.0k NOK (net margin 16.2% → 41.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.55m NOK → 2.54m NOK (equity ratio 46.5% → 57.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.20m NOK → 3.76m NOK (+17.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +592.2k NOK → +1 172 NOK (op. margin 25.2% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.10m NOK → 1.19m NOK (47% → 51% of revenue). Calculated