ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2018 vs 2017
Shrank 15% on revenue
approved 2019-04-04; registry 2019-05-04; journal 2019 332037
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT KJETIL H. NILSEN AS. Revenue 2.08m NOK → 1.76m NOK (-15.1%). Equity 758.7k NOK → 660.2k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.08m NOK
1.76m NOK
-15.1%
Operating result
-45.4k NOK
-126.8k NOK
-179.3%
Net result
-33.8k NOK
n/m
—
Equity
758.7k NOK
660.2k NOK
-13.0%
Cash
605.2k NOK
446.1k NOK
-26.3%
Total assets
1.08m NOK
896.7k NOK
-17.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.08m NOK to 1.76m NOK (-15.1% YoY). Calculated
-
↓
Operating result weakened
Operating result -45.4k NOK → -126.8k NOK (op. margin -2.2% → -7.2%). Calculated
-
↓
Equity eroded
Book equity 758.7k NOK → 660.2k NOK (equity ratio 70.2% → 73.6%). Calculated
-
↓
Cash fell
Bank deposits 605.2k NOK → 446.1k NOK (-26.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 5 NOK → 1.32m NOK (0% → 75% of revenue). Calculated