FirmaIQ
Org.nr 988 334 715 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET SAEME AS: årsregnskap 2019 vs 2018

Grew 26% on revenue, stronger earnings

approved 2020-04-29; registry 2020-05-06; journal 2020 331386

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET SAEME AS. Revenue 9.90m NOK → 12.45m NOK (+25.8%). Net result +1.99m NOK → +3.64m NOK. Equity 27.49m NOK → 30.13m NOK.

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

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SAEME AS.

At a glance

Scorecard

Revenue
9.90m NOK 12.45m NOK
+25.8%
Operating result
+3.04m NOK +5.01m NOK
+64.7%
Net result
+1.99m NOK +3.64m NOK
+82.9%
Equity
27.49m NOK 30.13m NOK
+9.6%
Cash
7.31m NOK 8.79m NOK
+20.2%
Total assets
53.41m NOK 54.51m NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.90m NOK to 12.45m NOK (+25.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.04m NOK → +5.01m NOK (op. margin 30.7% → 40.2%). Calculated

  • ↑

    Net result improved

    Net result +1.99m NOK → +3.64m NOK (net margin 20.1% → 29.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 27.49m NOK → 30.13m NOK (equity ratio 51.5% → 55.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.31m NOK → 8.79m NOK (+20.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.86m NOK → 4.55m NOK (39% → 37% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 655.7k NOK → 637.6k NOK (-2.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 31.56m NOK → 100.0k NOK. Reported fact