FirmaIQ
Org.nr 996 918 122 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET SCHJØDT AS: årsregnskap 2019 vs 2018

Grew 21% on revenue, stronger earnings

approved 2020-03-18; registry 2020-06-15; journal 2020 460732

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET SCHJØDT AS. Revenue 877.67m NOK → 1.06bn NOK (+21.1%). Net result +4.24m NOK → +5.60m NOK. Equity 635.3k NOK → 855.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET SCHJØDT AS.

At a glance

Scorecard

Revenue
877.67m NOK 1.06bn NOK
+21.1%
Operating result
+553.97m NOK +713.44m NOK
+28.8%
Net result
+4.24m NOK +5.60m NOK
+31.9%
Equity
635.3k NOK 855.8k NOK
+34.7%
Cash
69.6k NOK 1.24m NOK
+1674.8%
Total assets
6.12m NOK 8.97m NOK
+46.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 877.67m NOK to 1.06bn NOK (+21.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +553.97m NOK → +713.44m NOK (op. margin 63.1% → 67.1%). Calculated

  • ↑

    Net result improved

    Net result +4.24m NOK → +5.60m NOK (net margin 0.5% → 0.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 635.3k NOK → 855.8k NOK (equity ratio 10.4% → 9.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 69.6k NOK → 1.24m NOK (+1674.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation