Org.nr 915 610 633 2018 → 2019 Year-over-year analysis

ADVOKATFIRMA SKRETTING AS: årsregnskap 2019 vs 2018

Grew 22% on revenue

approved 2020-05-28; registry 2020-06-02; journal 2020 414236

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA SKRETTING AS. Revenue 3.49m NOK → 4.24m NOK (+21.6%). Net result +477.9k NOK → +492.5k NOK. Equity 657.6k NOK → 1.10m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA SKRETTING AS.

Scorecard

Revenue
3.49m NOK 4.24m NOK
+21.6%
Operating result
n/m +639.1k NOK
—
Net result
+477.9k NOK +492.5k NOK
+3.1%
Equity
657.6k NOK 1.10m NOK
+67.3%
Cash
435.6k NOK 961.4k NOK
+120.7%
Total assets
355.3k NOK 1.99m NOK
+458.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.49m NOK to 4.24m NOK (+21.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 657.6k NOK → 1.10m NOK (equity ratio 185.1% → 55.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 435.6k NOK → 961.4k NOK (+120.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.44× → 2.20×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.81m NOK → 2.37m NOK (52% → 56% of revenue). Calculated