Org.nr 986 395 253 2017 → 2018 Year-over-year analysis

ADVOKAT IVAR BLIKRA AS: årsregnskap 2018 vs 2017

Grew 27% on revenue, slipped into loss

approved 2019-04-29; registry 2019-05-02; journal 2019 326179

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT IVAR BLIKRA AS. Revenue 2.15m NOK → 2.73m NOK (+27.2%). Net result +302.0k NOK → -40.1k NOK. Equity 3.03m NOK → 2.99m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT IVAR BLIKRA AS.

Scorecard

Revenue
2.15m NOK 2.73m NOK
+27.2%
Net result
+302.0k NOK -40.1k NOK
-113.3%
Equity
3.03m NOK 2.99m NOK
-1.3%
Cash
1.26m NOK 2.13m NOK
+69.2%
Total assets
3.58m NOK 3.55m NOK
-0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.15m NOK to 2.73m NOK (+27.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.26m NOK → 2.13m NOK (+69.2% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 302.0k NOK profit to a loss of 40.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.03m NOK → 2.99m NOK (equity ratio 84.7% → 84.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.27m NOK → 1.40m NOK (59% → 51% of revenue). Calculated