ADVOKAT JØRGEN RIPLE AS: årsregnskap 2018 vs 2017
Shrank 37% on revenue, returned to profit
approved 2019-04-23; registry 2019-05-04; journal 2019 327771
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT JØRGEN RIPLE AS. Revenue 6.35m NOK → 4.01m NOK (-36.8%). Net result -738.2k NOK → +331.6k NOK. Equity 19.5k NOK → 351.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -707.3k NOK → +368.4k NOK (op. margin -11.1% → 9.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 738.2k NOK to a profit of 331.6k NOK. Calculated
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↑
Equity strengthened
Book equity 19.5k NOK → 351.1k NOK (equity ratio 0.7% → 17.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.98× → 1.28×. Calculated
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Payroll decreased
Salary cost 5.00m NOK → 2.20m NOK (79% → 55% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.35m NOK to 4.01m NOK (-36.8% YoY). Calculated
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↓
Cash fell
Bank deposits 281.3k NOK → 276.0k NOK (-1.9% YoY). Calculated