Org.nr 988 843 725 2017 → 2018 Year-over-year analysis

ADVOKAT BERGESEN AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-04-24; registry 2019-04-30; journal 2019 319166

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT BERGESEN AS. Revenue 3.45m NOK → 3.61m NOK (+4.8%). Net result +903.2k NOK → +344.5k NOK. Equity 5.63m NOK → 5.97m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKAT BERGESEN AS.

Scorecard

Revenue
3.45m NOK 3.61m NOK
+4.8%
Operating result
+827.8k NOK +149.5k NOK
-81.9%
Net result
+903.2k NOK +344.5k NOK
-61.9%
Equity
5.63m NOK 5.97m NOK
+6.1%
Cash
62.9k NOK 73.2k NOK
+16.5%
Total assets
7.97m NOK 7.99m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.45m NOK to 3.61m NOK (+4.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.63m NOK → 5.97m NOK (equity ratio 70.6% → 74.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 62.9k NOK → 73.2k NOK (+16.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +827.8k NOK → +149.5k NOK (op. margin 24.0% → 4.1%). Calculated

  • ↓

    Net result weakened

    Net result +903.2k NOK → +344.5k NOK (net margin 26.2% → 9.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 139.4k NOK → 310.8k NOK (+123.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5 000 NOK → 115.0k NOK. Reported fact