FirmaIQ
Org.nr 916 619 898 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET VIKSE AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-01-23; registry 2020-01-27; journal 2020 203410

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET VIKSE AS. Revenue 1.79m NOK → 1.71m NOK (-4.7%). Net result +379.7k NOK → +461.5k NOK. Equity 30.1k NOK → 31.6k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

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

At a glance

Scorecard

Revenue
1.79m NOK 1.71m NOK
-4.7%
Operating result
+493.0k NOK +592.4k NOK
+20.2%
Net result
+379.7k NOK +461.5k NOK
+21.5%
Equity
30.1k NOK 31.6k NOK
+4.9%
Cash
127.3k NOK 239.5k NOK
+88.2%
Total assets
839.2k NOK 885.4k NOK
+5.5%

What improved

  • ↑

    Operating result improved

    Operating result +493.0k NOK → +592.4k NOK (op. margin 27.5% → 34.7%). Calculated

  • ↑

    Net result improved

    Net result +379.7k NOK → +461.5k NOK (net margin 21.2% → 27.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 30.1k NOK → 31.6k NOK (equity ratio 3.6% → 3.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 127.3k NOK → 239.5k NOK (+88.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.79m NOK to 1.71m NOK (-4.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation