ADVOKAT GRY SØRHUS MOLLAN AS: årsregnskap 2018 vs 2017
Grew 136786% on revenue, weaker earnings
approved 2019-04-10; registry 2019-04-29; journal 2019 316374
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT GRY SØRHUS MOLLAN AS. Revenue 1 173 NOK → 1.61m NOK (+136785.6%). Net result +333.0k NOK → +250.4k NOK. Equity 475.9k NOK → 726.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: operating result unchanged; payroll increased. All figures are taken from the published annual accounts for ADVOKAT GRY SØRHUS MOLLAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 173 NOK to 1.61m NOK (+136785.6% YoY). Calculated
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↑
Equity strengthened
Book equity 475.9k NOK → 726.4k NOK (equity ratio 66.7% → 3719.6%). Calculated
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↑
Cash rose
Bank deposits 497.1k NOK → 770.9k NOK (+55.1% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +333.0k NOK → +250.4k NOK (net margin 28387.6% → 15.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.01× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Operating result unchanged
Operating result +438.8k NOK → +438.8k NOK (op. margin 37406.1% → 27.3%). Calculated
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·
Payroll increased
Salary cost 2 234 NOK → 715.1k NOK (190% → 45% of revenue). Calculated