FirmaIQ
Org.nr 993 496 669 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET HVIDSTEN AS: årsregnskap 2019 vs 2018

Grew 9% on revenue

approved 2020-03-26; registry 2020-04-20; journal 2020 296976

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET HVIDSTEN AS. Revenue 1.67m NOK → 1.81m NOK (+8.6%). Net result +423.7k NOK → +398.2k NOK. Equity 1 198 NOK → 1.60m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HVIDSTEN AS.

At a glance

Scorecard

Revenue
1.67m NOK 1.81m NOK
+8.6%
Operating result
+541.7k NOK +510.0k NOK
-5.9%
Net result
+423.7k NOK +398.2k NOK
-6.0%
Equity
1 198 NOK 1.60m NOK
+133172.1%
Cash
899.2k NOK 867.5k NOK
-3.5%
Total assets
1.67m NOK 1.97m NOK
+17.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.67m NOK to 1.81m NOK (+8.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1 198 NOK → 1.60m NOK (equity ratio 0.1% → 81.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +541.7k NOK → +510.0k NOK (op. margin 32.5% → 28.2%). Calculated

  • ↓

    Net result weakened

    Net result +423.7k NOK → +398.2k NOK (net margin 25.4% → 22.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 899.2k NOK → 867.5k NOK (-3.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 52.0k NOK → 414.8k NOK. Reported fact