FirmaIQ
Org.nr 992 585 749 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET STERRI, REHMAN OG HENRIKSEN AS: årsregnskap 2019 vs 2018

Grew 13% on revenue

approved 2020-04-07; registry 2020-04-14; journal 2020 286602

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET STERRI, REHMAN OG HENRIKSEN AS. Revenue 8.53m NOK → 9.63m NOK (+12.9%). Equity 220.0k NOK → 208.7k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET STERRI, REHMAN OG HENRIKSEN AS.

At a glance

Scorecard

Revenue
8.53m NOK 9.63m NOK
+12.9%
Operating result
+3.92m NOK +4.78m NOK
+22.0%
Net result
n/m +3.69m NOK
—
Equity
220.0k NOK 208.7k NOK
-5.1%
Cash
3.41m NOK 5.00m NOK
+46.4%
Total assets
5.03m NOK 5.93m NOK
+17.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.53m NOK to 9.63m NOK (+12.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.92m NOK → +4.78m NOK (op. margin 45.9% → 49.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.41m NOK → 5.00m NOK (+46.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 220.0k NOK → 208.7k NOK (equity ratio 4.4% → 3.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.07m NOK → 3.09m NOK (36% → 32% of revenue). Calculated