ADVOKAT HENJUM AS: årsregnskap 2019 vs 2018
Grew 30% on revenue, stronger earnings
approved 2020-03-30; registry 2020-05-04; journal 2020 325936
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT HENJUM AS. Revenue 4.43m NOK → 5.77m NOK (+30.3%). Net result +90.0k NOK → +510.2k NOK. Equity 867.9k NOK → 1.38m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HENJUM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.43m NOK to 5.77m NOK (+30.3% YoY). Calculated
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Operating result improved
Operating result +425.0k NOK → +654.5k NOK (op. margin 9.6% → 11.3%). Calculated
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Net result improved
Net result +90.0k NOK → +510.2k NOK (net margin 2.0% → 8.8%). Calculated
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Equity strengthened
Book equity 867.9k NOK → 1.38m NOK (equity ratio 38.5% → 44.6%). Calculated
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Cash rose
Bank deposits 320.0k NOK → 1.89m NOK (+490.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.90m NOK → 3.63m NOK (65% → 63% of revenue). Calculated