ADVOKATFIRMAET ÅKE SJØBERG AS: årsregnskap 2019 vs 2018
Grew 51% on revenue, stronger earnings
approved 2020-05-29; registry 2020-06-02; journal 2020 422184
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ÅKE SJØBERG AS. Revenue 2.92m NOK → 4.42m NOK (+51.1%). Net result +1.22m NOK → +2.30m NOK. Equity 4.76m NOK → 2.03m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ÅKE SJØBERG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.92m NOK to 4.42m NOK (+51.1% YoY). Calculated
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Operating result improved
Operating result +1.51m NOK → +3.33m NOK (op. margin 51.8% → 75.3%). Calculated
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Net result improved
Net result +1.22m NOK → +2.30m NOK (net margin 41.7% → 52.0%). Calculated
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Cash rose
Bank deposits 217.1k NOK → 998.8k NOK (+360.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.71× → 1.01×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 4.76m NOK → 2.03m NOK (equity ratio 83.6% → 29.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 286.5k NOK → 356.6k NOK (+24.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.90m NOK → 1.91m NOK. Reported fact