Org.nr 888 997 482 2017 → 2018 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2018 vs 2017

Shrank 14% on revenue

approved 2019-04-30; registry 2019-05-04; journal 2019 331749

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT FINN OVE SMITH AS. Revenue 6.55m NOK → 5.62m NOK (-14.1%). Equity 3.52m NOK → 3.52m NOK.

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

Net tougher year on the published lines.

At a glance

Revenue

6.55m NOK 5.62m NOK

-14.1%

Operating result

+3.16m NOK +2.20m NOK

-30.4%

Net result

n/m +1.68m NOK

—

Equity

3.52m NOK 3.52m NOK

+0.1%

Cash

4.84m NOK 4.26m NOK

-11.9%

Total assets

6.46m NOK 6.43m NOK

-0.4%

↑
Equity strengthened

Book equity 3.52m NOK → 3.52m NOK (equity ratio 54.5% → 54.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.55m NOK to 5.62m NOK (-14.1% YoY). Calculated
↓
Operating result weakened

Operating result +3.16m NOK → +2.20m NOK (op. margin 48.3% → 39.2%). Calculated
↓
Cash fell

Bank deposits 4.84m NOK → 4.26m NOK (-11.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.21m NOK → 2.31m NOK (34% → 41% of revenue). Calculated