FirmaIQ
Org.nr 913 094 816 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue, stronger earnings

approved 2020-05-27; registry 2020-06-02; journal 2020 412870

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS. Revenue 5.98m NOK → 5.35m NOK (-10.5%). Net result +565.0k NOK → +963.5k NOK. Equity 396.5k NOK → 960.0k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRNEBEKK OG MARTINSEN AS.

At a glance

Scorecard

Revenue
5.98m NOK 5.35m NOK
-10.5%
Operating result
+795.5k NOK +203.2k NOK
-74.5%
Net result
+565.0k NOK +963.5k NOK
+70.5%
Equity
396.5k NOK 960.0k NOK
+142.1%
Cash
829.4k NOK 662.5k NOK
-20.1%
Total assets
2.20m NOK 2.40m NOK
+9.0%

What improved

  • ↑

    Net result improved

    Net result +565.0k NOK → +963.5k NOK (net margin 9.5% → 18.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 396.5k NOK → 960.0k NOK (equity ratio 18.0% → 40.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.98m NOK to 5.35m NOK (-10.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +795.5k NOK → +203.2k NOK (op. margin 13.3% → 3.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 829.4k NOK → 662.5k NOK (-20.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 24.7k NOK → 9 196 NOK (-62.8% YoY). Calculated