ADVOKAT 1 AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-04-02; registry 2019-05-23; journal 2019 349739
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT 1 AS. Revenue 1.89m NOK → 1.90m NOK (+0.9%). Net result +84.2k NOK → +26.1k NOK. Equity 113.2k NOK → 87.1k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.89m NOK to 1.90m NOK (+0.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 611.1k NOK → 590.9k NOK (32% → 31% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +86.3k NOK → +26.5k NOK (op. margin 4.6% → 1.4%). Calculated
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↓
Net result weakened
Net result +84.2k NOK → +26.1k NOK (net margin 4.5% → 1.4%). Calculated
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↓
Equity eroded
Book equity 113.2k NOK → 87.1k NOK (equity ratio 24.1% → 20.7%). Calculated
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↓
Cash fell
Bank deposits 165.8k NOK → 131.1k NOK (-20.9% YoY). Calculated