FirmaIQ
Org.nr 941 677 649 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET ROBERTSEN AS: årsregnskap 2019 vs 2018

Grew 21% on revenue, weaker earnings

approved 2020-05-28; registry 2020-06-02; journal 2020 421720

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET ROBERTSEN AS. Revenue 8.37m NOK → 10.17m NOK (+21.5%). Net result +508.1k NOK → +251.7k NOK. Equity 1.88m NOK → 1.74m NOK.

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

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

At a glance

Scorecard

Revenue
8.37m NOK 10.17m NOK
+21.5%
Operating result
+563.2k NOK +323.7k NOK
-42.5%
Net result
+508.1k NOK +251.7k NOK
-50.5%
Equity
1.88m NOK 1.74m NOK
-7.9%
Cash
1.65m NOK 2.63m NOK
+59.4%
Total assets
3.93m NOK 4.81m NOK
+22.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.37m NOK to 10.17m NOK (+21.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.65m NOK → 2.63m NOK (+59.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +563.2k NOK → +323.7k NOK (op. margin 6.7% → 3.2%). Calculated

  • ↓

    Net result weakened

    Net result +508.1k NOK → +251.7k NOK (net margin 6.1% → 2.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.88m NOK → 1.74m NOK (equity ratio 47.9% → 36.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.38m NOK → 7.41m NOK (64% → 73% of revenue). Calculated