ADVOKAT CAMILLA KVAKSRUD AS: årsregnskap 2018 vs 2017
Shrank 33% on revenue, cash halved-plus
approved 2019-03-25; registry 2019-04-27; journal 2019 311034
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT CAMILLA KVAKSRUD AS. Revenue 578.4k NOK → 386.3k NOK (-33.2%). Equity 312.6k NOK → 499.2k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT CAMILLA KVAKSRUD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +35.1k NOK → +315.3k NOK (op. margin 6.1% → 81.6%). Calculated
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↑
Equity strengthened
Book equity 312.6k NOK → 499.2k NOK (equity ratio 63.1% → 140.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 578.4k NOK to 386.3k NOK (-33.2% YoY). Calculated
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↓
Cash fell
Bank deposits 260.9k NOK → 96.6k NOK (-63.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.03× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1 219 NOK → 595.5k NOK (0% → 154% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 87.3k NOK → 3 000 NOK (-96.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 125.0k NOK → 62.2k NOK. Reported fact