Org.nr 992 827 785 2017 → 2018 Year-over-year analysis

ADVOKAT JAN HAMMERSENG AS: årsregnskap 2018 vs 2017

Grew 81% on revenue

approved 2019-05-03; registry 2019-05-06; journal 2019 340557

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT JAN HAMMERSENG AS. Revenue 196.7k NOK → 356.6k NOK (+81.3%). Equity -57.1k NOK → -128.0k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT JAN HAMMERSENG AS.

At a glance

Revenue

196.7k NOK 356.6k NOK

+81.3%

Operating result

-179.3k NOK n/m

—

Net result

-179.3k NOK n/m

—

Equity

-57.1k NOK -128.0k NOK

-124.2%

Cash

134.3k NOK 85.3k NOK

-36.4%

Total assets

306.2k NOK 227.2k NOK

-25.8%

↑
Revenue rose

Operating income / revenue moved from 196.7k NOK to 356.6k NOK (+81.3% YoY). Calculated

↓
Equity eroded

Book equity -57.1k NOK → -128.0k NOK (equity ratio -18.6% → -56.3%). Calculated
↓
Cash fell

Bank deposits 134.3k NOK → 85.3k NOK (-36.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is -56.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 176.4k NOK → 267.0k NOK (90% → 75% of revenue). Calculated