FirmaIQ
Org.nr 912 190 013 2017 → 2018 Year-over-year analysis

ADVOKAT BIRGIT VINNES AS: årsregnskap 2018 vs 2017

Grew 465% on revenue, weaker earnings

approved 2019-03-11; registry 2019-03-23; journal 2019 245842

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT BIRGIT VINNES AS. Revenue 177.3k NOK → 1.00m NOK (+465.1%). Net result +228.4k NOK → +14.0k NOK. Equity 257.6k NOK → 243.6k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
177.3k NOK 1.00m NOK
+465.1%
Operating result
+300.3k NOK -15.3k NOK
-105.1%
Net result
+228.4k NOK +14.0k NOK
-93.9%
Equity
257.6k NOK 243.6k NOK
-5.4%
Cash
361.9k NOK 212.1k NOK
-41.4%
Total assets
755.9k NOK 557.8k NOK
-26.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 177.3k NOK to 1.00m NOK (+465.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +300.3k NOK → -15.3k NOK (op. margin 169.4% → -1.5%). Calculated

  • ↓

    Net result weakened

    Net result +228.4k NOK → +14.0k NOK (net margin 128.8% → 1.4%). Calculated

  • ↓

    Equity eroded

    Book equity 257.6k NOK → 243.6k NOK (equity ratio 34.1% → 43.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 361.9k NOK → 212.1k NOK (-41.4% YoY). Calculated