ADVOKAT JAN KRISTIAN TAKVAM AS: årsregnskap 2018 vs 2017
Shrank 8% on revenue, weaker earnings
approved 2019-03-04; registry 2019-03-07; journal 2019 227793
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT JAN KRISTIAN TAKVAM AS. Revenue 2.20m NOK → 2.02m NOK (-8.2%). Net result +471.9k NOK → +265.6k NOK. Equity 619.3k NOK → 884.9k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 619.3k NOK → 884.9k NOK (equity ratio 62.3% → 403.6%). Calculated
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↑
Cash rose
Bank deposits 440.7k NOK → 663.9k NOK (+50.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.20m NOK to 2.02m NOK (-8.2% YoY). Calculated
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↓
Operating result weakened
Operating result +615.5k NOK → +340.8k NOK (op. margin 27.9% → 16.8%). Calculated
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↓
Net result weakened
Net result +471.9k NOK → +265.6k NOK (net margin 21.4% → 13.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 637.61× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1.12m NOK → 1.25m NOK (51% → 62% of revenue). Calculated