ADVOKATHUSET HORTEN AS: årsregnskap 2019 vs 2018
Grew 10% on revenue
approved 2020-01-30; registry 2020-04-29; journal 2020 319787
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATHUSET HORTEN AS. Revenue 4.72m NOK → 5.20m NOK (+10.0%). Equity 1.20m NOK → 1.20m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATHUSET HORTEN AS.
At a glance
Scorecard
Revenue
4.72m NOK
5.20m NOK
+10.0%
Operating result
+1.57m NOK
+1.77m NOK
+12.8%
Equity
1.20m NOK
1.20m NOK
0.0%
Cash
2.02m NOK
1.86m NOK
-7.7%
Total assets
3.23m NOK
3.60m NOK
+11.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.72m NOK to 5.20m NOK (+10.0% YoY). Calculated
-
↑
Operating result improved
Operating result +1.57m NOK → +1.77m NOK (op. margin 33.2% → 34.0%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 2.02m NOK → 1.86m NOK (-7.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.10m NOK → 2.41m NOK (44% → 46% of revenue). Calculated