FirmaIQ
Org.nr 811 880 612 2018 → 2019 Year-over-year analysis

ADVOKAT STIG E. MORTENSEN AS: årsregnskap 2019 vs 2018

Stronger earnings, fresh owner capital

approved 2020-02-11; registry 2020-02-20; journal 2020 213143

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKAT STIG E. MORTENSEN AS. Revenue 2.58m NOK → 2.60m NOK (+0.9%). Net result +97.3k NOK → +173.0k NOK. Equity 1.43m NOK → 1.60m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT STIG E. MORTENSEN AS.

At a glance

Scorecard

Revenue
2.58m NOK 2.60m NOK
+0.9%
Operating result
n/m -56.1k NOK
—
Net result
+97.3k NOK +173.0k NOK
+77.9%
Equity
1.43m NOK 1.60m NOK
+12.1%
Cash
214.2k NOK 524.7k NOK
+145.0%
Total assets
1.91m NOK 2.29m NOK
+19.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.58m NOK to 2.60m NOK (+0.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +97.3k NOK → +173.0k NOK (net margin 3.8% → 6.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.43m NOK → 1.60m NOK (equity ratio 74.9% → 70.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 214.2k NOK → 524.7k NOK (+145.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 1.60m NOK (+1.50m NOK). Reported fact

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 216.0k NOK → 7 216 NOK. Reported fact