FirmaIQ
Org.nr 884 665 582 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2019 vs 2018

Shrank 5% on revenue

approved 2020-04-03; registry 2020-04-23; journal 2020 306510

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 17.20m NOK → 16.32m NOK (-5.1%). Net result +5.27m NOK → +4.96m NOK. Equity 1.29m NOK → 1.25m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
17.20m NOK 16.32m NOK
-5.1%
Operating result
+875.4k NOK +6.31m NOK
+620.9%
Net result
+5.27m NOK +4.96m NOK
-5.9%
Equity
1.29m NOK 1.25m NOK
-3.3%
Cash
2.45m NOK 1.60m NOK
-34.6%
Total assets
12.72m NOK 12.48m NOK
-1.9%

What improved

  • ↑

    Operating result improved

    Operating result +875.4k NOK → +6.31m NOK (op. margin 5.1% → 38.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.20m NOK to 16.32m NOK (-5.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +5.27m NOK → +4.96m NOK (net margin 30.6% → 30.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.29m NOK → 1.25m NOK (equity ratio 10.2% → 10.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.45m NOK → 1.60m NOK (-34.6% YoY). Calculated