FirmaIQ
Org.nr 914 622 042 2018 → 2019 Year-over-year analysis

ADVOKATENE ENOKSEN & STEIRO AS: årsregnskap 2019 vs 2018

Shrank 8% on revenue, stronger earnings

approved 2020-02-25; registry 2020-03-26; journal 2020 260414

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATENE ENOKSEN & STEIRO AS. Revenue 7.52m NOK → 6.88m NOK (-8.4%). Net result +2 000 NOK → +727.6k NOK. Equity 2.35m NOK → 3.07m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
7.52m NOK 6.88m NOK
-8.4%
Operating result
+142.4k NOK +952.2k NOK
+568.6%
Net result
+2 000 NOK +727.6k NOK
+36280.1%
Equity
2.35m NOK 3.07m NOK
+31.0%
Cash
1.83m NOK 1.66m NOK
-9.5%
Total assets
5.26m NOK 5.23m NOK
-0.4%

What improved

  • ↑

    Operating result improved

    Operating result +142.4k NOK → +952.2k NOK (op. margin 1.9% → 13.8%). Calculated

  • ↑

    Net result improved

    Net result +2 000 NOK → +727.6k NOK (net margin 0.0% → 10.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.35m NOK → 3.07m NOK (equity ratio 44.6% → 58.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.99m NOK → 4.87m NOK (66% → 71% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.52m NOK to 6.88m NOK (-8.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.83m NOK → 1.66m NOK (-9.5% YoY). Calculated