FirmaIQ
Org.nr 977 557 445 2018 → 2019 Year-over-year analysis

ADVOKATSELSKAPET JUSTITIA AS: årsregnskap 2019 vs 2018

Grew 25% on revenue, stronger earnings

approved 2020-04-27; registry 2020-04-29; journal 2020 319433

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATSELSKAPET JUSTITIA AS. Revenue 8.22m NOK → 10.27m NOK (+24.8%). Net result +2.49m NOK → +3.55m NOK. Equity 2.21m NOK → 3.25m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATSELSKAPET JUSTITIA AS.

At a glance

Scorecard

Revenue
8.22m NOK 10.27m NOK
+24.8%
Operating result
+3.20m NOK +4.53m NOK
+41.6%
Net result
+2.49m NOK +3.55m NOK
+42.5%
Equity
2.21m NOK 3.25m NOK
+47.4%
Cash
3.25m NOK 2.22m NOK
-31.6%
Total assets
6.99m NOK 7.66m NOK
+9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.22m NOK to 10.27m NOK (+24.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.20m NOK → +4.53m NOK (op. margin 38.9% → 44.1%). Calculated

  • ↑

    Net result improved

    Net result +2.49m NOK → +3.55m NOK (net margin 30.2% → 34.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.21m NOK → 3.25m NOK (equity ratio 31.6% → 42.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.25m NOK → 2.22m NOK (-31.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.16m NOK → 4.25m NOK (38% → 41% of revenue). Calculated