Org.nr 815 260 422 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-05-25; registry 2020-05-28; journal 2020 402751

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS. Revenue 7.12m NOK → 7.38m NOK (+3.7%). Net result +537.8k NOK → +626.1k NOK. Equity 30.0k NOK → 56.1k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS.

Scorecard

Revenue
7.12m NOK 7.38m NOK
+3.7%
Operating result
n/m +797.1k NOK
—
Net result
+537.8k NOK +626.1k NOK
+16.4%
Equity
30.0k NOK 56.1k NOK
+87.1%
Cash
599.1k NOK 829.9k NOK
+38.5%
Total assets
643.0k NOK 2.00m NOK
+211.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.12m NOK to 7.38m NOK (+3.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +537.8k NOK → +626.1k NOK (net margin 7.6% → 8.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 56.1k NOK (equity ratio 4.7% → 2.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 599.1k NOK → 829.9k NOK (+38.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 4.46m NOK → 4.93m NOK (63% → 67% of revenue). Calculated