FirmaIQ
Org.nr 916 823 339 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET LEXIS AS: årsregnskap 2019 vs 2018

Grew 39% on revenue

approved 2020-08-18; registry 2020-08-27; journal 2020 722625

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LEXIS AS. Revenue 6.54m NOK → 9.07m NOK (+38.7%). Net result +1.11m NOK → +1.16m NOK. Equity 847.1k NOK → 2.30m NOK.

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

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

At a glance

Scorecard

Revenue
6.54m NOK 9.07m NOK
+38.7%
Operating result
+1.36m NOK +1.52m NOK
+11.7%
Net result
+1.11m NOK +1.16m NOK
+4.7%
Equity
847.1k NOK 2.30m NOK
+172.1%
Cash
743.8k NOK 1.66m NOK
+123.8%
Total assets
2.82m NOK 4.27m NOK
+51.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.54m NOK to 9.07m NOK (+38.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.36m NOK → +1.52m NOK (op. margin 20.8% → 16.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 847.1k NOK → 2.30m NOK (equity ratio 30.0% → 54.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 743.8k NOK → 1.66m NOK (+123.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 843.7k NOK → 427.0k NOK (13% → 5% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 399.6k NOK → 269.8k NOK (-32.5% YoY). Calculated