FirmaIQ
Org.nr 919 212 586 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET JØRSTAD AS: årsregnskap 2019 vs 2018

Grew 14% on revenue

approved 2020-04-20; registry 2020-06-02; journal 2020 421150

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET JØRSTAD AS. Revenue 3.22m NOK → 3.68m NOK (+14.1%). Net result +163.5k NOK → +158.9k NOK. Equity 197.4k NOK → 356.3k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET JØRSTAD AS.

At a glance

Scorecard

Revenue
3.22m NOK 3.68m NOK
+14.1%
Operating result
+258.6k NOK +242.3k NOK
-6.3%
Net result
+163.5k NOK +158.9k NOK
-2.9%
Equity
197.4k NOK 356.3k NOK
+80.5%
Cash
93.8k NOK 104.5k NOK
+11.4%
Total assets
411.0k NOK 1.36m NOK
+230.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.22m NOK to 3.68m NOK (+14.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 197.4k NOK → 356.3k NOK (equity ratio 48.0% → 26.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 93.8k NOK → 104.5k NOK (+11.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.16× → 1.63×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +258.6k NOK → +242.3k NOK (op. margin 8.0% → 6.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.08m NOK → 2.40m NOK (64% → 65% of revenue). Calculated