Org.nr 919 276 266 2018 → 2019 Year-over-year analysis

ADVOKAT NIELS KRISTIAN AXELSEN AS: årsregnskap 2019 vs 2018

Grew 24% on revenue

approved 2020-06-11; registry 2020-06-15; journal 2020 461628

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT NIELS KRISTIAN AXELSEN AS. Revenue 5.79m NOK → 7.17m NOK (+23.9%). Equity 3.11m NOK → 5.26m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT NIELS KRISTIAN AXELSEN AS.

At a glance

Revenue

5.79m NOK 7.17m NOK

+23.9%

Operating result

+2.13m NOK +2.75m NOK

+29.2%

Net result

n/m +2.15m NOK

—

Equity

3.11m NOK 5.26m NOK

+69.0%

Cash

3.85m NOK 6.43m NOK

+67.2%

Total assets

6.30m NOK 7.89m NOK

+25.2%

↑
Revenue rose

Operating income / revenue moved from 5.79m NOK to 7.17m NOK (+23.9% YoY). Calculated
↑
Operating result improved

Operating result +2.13m NOK → +2.75m NOK (op. margin 36.8% → 38.4%). Calculated
↑
Equity strengthened

Book equity 3.11m NOK → 5.26m NOK (equity ratio 49.4% → 66.7%). Calculated
↑
Cash rose

Bank deposits 3.85m NOK → 6.43m NOK (+67.2% YoY). Calculated

·
Payroll increased

Salary cost 3 918 NOK → 872.0k NOK (0% → 12% of revenue). Calculated
·
COGS moved

COGS / varekostnad 2.12m NOK → 2.78m NOK (+31.1% YoY). Calculated