ADVOKAT ESPEN SIMONSEN AS: årsregnskap 2018 vs 2017
Grew 19% on revenue
approved 2019-03-25; registry 2019-03-27; journal 2019 256251
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT ESPEN SIMONSEN AS. Revenue 3.70m NOK → 4.41m NOK (+19.3%). Equity 845.5k NOK → 375.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT ESPEN SIMONSEN AS.
At a glance
Scorecard
Revenue
3.70m NOK
4.41m NOK
+19.3%
Operating result
+234.1k NOK
n/m
—
Net result
+184.4k NOK
n/m
—
Equity
845.5k NOK
375.5k NOK
-55.6%
Cash
1.43m NOK
1.89m NOK
+32.2%
Total assets
732.2k NOK
2.21m NOK
+202.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.70m NOK to 4.41m NOK (+19.3% YoY). Calculated
-
↑
Cash rose
Bank deposits 1.43m NOK → 1.89m NOK (+32.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 845.5k NOK → 375.5k NOK (equity ratio 115.5% → 17.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 3 NOK → 3.04m NOK (0% → 69% of revenue). Calculated