ADVOKAT ANDERS STUB SØTORP AS: årsregnskap 2018 vs 2017
Grew 88% on revenue, weaker earnings, cash halved-plus
approved 2019-01-14; registry 2019-03-11; journal 2019 230132
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT ANDERS STUB SØTORP AS. Revenue 1.26m NOK → 2.38m NOK (+88.3%). Net result +127.9k NOK → +23.7k NOK. Equity 157.9k NOK → 181.6k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT ANDERS STUB SØTORP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.26m NOK to 2.38m NOK (+88.3% YoY). Calculated
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↑
Equity strengthened
Book equity 157.9k NOK → 181.6k NOK (equity ratio 35.1% → 38.9%). Calculated
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↑
Payroll decreased
Salary cost 5 503 NOK → 5 NOK (0% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +168.9k NOK → +31.4k NOK (op. margin 13.4% → 1.3%). Calculated
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↓
Net result weakened
Net result +127.9k NOK → +23.7k NOK (net margin 10.1% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 30.4k NOK → 4 897 NOK (-83.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 6 000 NOK. Reported fact