FirmaIQ
Org.nr 988 038 687 2017 → 2018 Year-over-year analysis

ADVOKAT DAG RØED AS: årsregnskap 2018 vs 2017

Shrank 89% on revenue, weaker earnings

approved 2019-04-10; registry 2019-06-03; journal 2019 370191

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT DAG RØED AS. Revenue 1.45m NOK → 156.2k NOK (-89.2%). Net result +260.2k NOK → +27.4k NOK. Equity 712.1k NOK → 739.5k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT DAG RØED AS.

At a glance

Scorecard

Revenue
1.45m NOK 156.2k NOK
-89.2%
Operating result
+337.1k NOK +31.0k NOK
-90.8%
Net result
+260.2k NOK +27.4k NOK
-89.5%
Equity
712.1k NOK 739.5k NOK
+3.8%
Cash
723.5k NOK 660.4k NOK
-8.7%
Total assets
814.2k NOK 801.7k NOK
-1.5%

What improved

  • ↑

    Equity strengthened

    Book equity 712.1k NOK → 739.5k NOK (equity ratio 87.5% → 92.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.45m NOK to 156.2k NOK (-89.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +337.1k NOK → +31.0k NOK (op. margin 23.3% → 19.9%). Calculated

  • ↓

    Net result weakened

    Net result +260.2k NOK → +27.4k NOK (net margin 18.0% → 17.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 723.5k NOK → 660.4k NOK (-8.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 79.9k NOK → 2.12m NOK (6% → 1354% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 794.5k NOK → 767.5k NOK (-3.4% YoY). Calculated