FirmaIQ
Org.nr 987 902 248 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2019 vs 2018

Grew 23% on revenue, stronger earnings

approved 2020-03-13; registry 2020-04-14; journal 2020 287186

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 3.25m NOK → 4.00m NOK (+22.9%). Net result +659.9k NOK → +950.6k NOK. Equity 2.06m NOK → 2.01m NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
3.25m NOK 4.00m NOK
+22.9%
Operating result
n/m +1.17m NOK
—
Net result
+659.9k NOK +950.6k NOK
+44.0%
Equity
2.06m NOK 2.01m NOK
-2.4%
Cash
838.7k NOK 835.1k NOK
-0.4%
Total assets
4.15m NOK 3.53m NOK
-14.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.25m NOK to 4.00m NOK (+22.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +659.9k NOK → +950.6k NOK (net margin 20.3% → 23.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.92m NOK → 1.79m NOK (59% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.06m NOK → 2.01m NOK (equity ratio 49.8% → 57.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 838.7k NOK → 835.1k NOK (-0.4% YoY). Calculated