ADVOKAT CATO SIMONSEN AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-03-28; registry 2019-04-08; journal 2019 274107
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT CATO SIMONSEN AS. Revenue 3.80m NOK → 3.72m NOK (-2.0%). Equity 296.2k NOK → 1.98m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.80m NOK
3.72m NOK
-2.0%
Equity
296.2k NOK
1.98m NOK
+567.5%
Cash
1.41m NOK
1.70m NOK
+19.9%
Total assets
2.61m NOK
2.77m NOK
+6.1%
What improved
-
↑
Equity strengthened
Book equity 296.2k NOK → 1.98m NOK (equity ratio 11.3% → 71.3%). Calculated
-
↑
Cash rose
Bank deposits 1.41m NOK → 1.70m NOK (+19.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.80m NOK to 3.72m NOK (-2.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.15m NOK → 2.20m NOK (56% → 59% of revenue). Calculated