FirmaIQ
Org.nr 912 714 969 2018 → 2019 Year-over-year analysis

ADVOKAT LARS REINSNOS AS: årsregnskap 2019 vs 2018

Grew 24% on revenue, stronger earnings

approved 2020-02-19; registry 2020-02-22; journal 2020 214035

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT LARS REINSNOS AS. Revenue 2.98m NOK → 3.72m NOK (+24.5%). Net result +1.14m NOK → +1.95m NOK. Equity 1.49m NOK → 2.14m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT LARS REINSNOS AS.

At a glance

Scorecard

Revenue
2.98m NOK 3.72m NOK
+24.5%
Operating result
+1.46m NOK +2.40m NOK
+64.3%
Net result
+1.14m NOK +1.95m NOK
+70.4%
Equity
1.49m NOK 2.14m NOK
+43.4%
Cash
680.8k NOK 493.8k NOK
-27.5%
Total assets
3.06m NOK 3.87m NOK
+26.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.98m NOK to 3.72m NOK (+24.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.46m NOK → +2.40m NOK (op. margin 48.9% → 64.6%). Calculated

  • ↑

    Net result improved

    Net result +1.14m NOK → +1.95m NOK (net margin 38.3% → 52.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.49m NOK → 2.14m NOK (equity ratio 48.7% → 55.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 680.8k NOK → 493.8k NOK (-27.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 238.7k NOK → 74.9k NOK (-68.6% YoY). Calculated