Org.nr 979 805 756 2017 → 2018 Year-over-year analysis

ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2018 vs 2017

Grew 17% on revenue, stronger earnings

approved 2019-04-10; registry 2019-04-20; journal 2019 299341

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 2.32m NOK → 2.72m NOK (+17.2%). Net result +158.5k NOK → +427.3k NOK. Equity 203.8k NOK → 231.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
2.32m NOK 2.72m NOK
+17.2%
Operating result
+223.0k NOK +566.0k NOK
+153.8%
Net result
+158.5k NOK +427.3k NOK
+169.5%
Equity
203.8k NOK 231.1k NOK
+13.4%
Cash
602.6k NOK 804.1k NOK
+33.4%
Total assets
905.4k NOK 204.6k NOK
-77.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.32m NOK to 2.72m NOK (+17.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +223.0k NOK → +566.0k NOK (op. margin 9.6% → 20.8%). Calculated

  • ↑

    Net result improved

    Net result +158.5k NOK → +427.3k NOK (net margin 6.8% → 15.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 203.8k NOK → 231.1k NOK (equity ratio 22.5% → 112.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 602.6k NOK → 804.1k NOK (+33.4% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.35× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated