FirmaIQ
Org.nr 996 242 307 2018 → 2019 Year-over-year analysis

ADVOKATENE BORGERSEN & STEINSVÅG AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-03-18; registry 2020-05-12; journal 2020 350652

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATENE BORGERSEN & STEINSVÅG AS. Revenue 5.64m NOK → 5.67m NOK (+0.7%). Net result +355.8k NOK → +330.9k NOK. Equity 2.49m NOK → 2.82m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE BORGERSEN & STEINSVÅG AS.

At a glance

Scorecard

Revenue
5.64m NOK 5.67m NOK
+0.7%
Operating result
+459.7k NOK +402.3k NOK
-12.5%
Net result
+355.8k NOK +330.9k NOK
-7.0%
Equity
2.49m NOK 2.82m NOK
+13.3%
Cash
861.8k NOK 284.9k NOK
-66.9%
Total assets
4.59m NOK 4.86m NOK
+5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.64m NOK to 5.67m NOK (+0.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.49m NOK → 2.82m NOK (equity ratio 54.3% → 58.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +459.7k NOK → +402.3k NOK (op. margin 8.2% → 7.1%). Calculated

  • ↓

    Net result weakened

    Net result +355.8k NOK → +330.9k NOK (net margin 6.3% → 5.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 861.8k NOK → 284.9k NOK (-66.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.48m NOK → 3.60m NOK (62% → 64% of revenue). Calculated