Org.nr 990 835 470 2017 → 2018 Year-over-year analysis

ADVOKAT LEIF DRILLESTAD AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue, weaker earnings

approved 2019-04-26; registry 2019-05-02; journal 2019 324851

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT LEIF DRILLESTAD AS. Revenue 1.30m NOK → 1.16m NOK (-11.1%). Net result +118.5k NOK → +967 NOK. Equity 643.2k NOK → 594.1k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.30m NOK 1.16m NOK
-11.1%
Operating result
+152.8k NOK -648 NOK
-100.4%
Net result
+118.5k NOK +967 NOK
-99.2%
Equity
643.2k NOK 594.1k NOK
-7.6%
Cash
218.3k NOK 407.3k NOK
+86.5%
Total assets
984.9k NOK 886.4k NOK
-10.0%

What improved

  • ↑

    Cash rose

    Bank deposits 218.3k NOK → 407.3k NOK (+86.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.30m NOK to 1.16m NOK (-11.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +152.8k NOK → -648 NOK (op. margin 11.7% → -0.1%). Calculated

  • ↓

    Net result weakened

    Net result +118.5k NOK → +967 NOK (net margin 9.1% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 643.2k NOK → 594.1k NOK (equity ratio 65.3% → 67.0%). Calculated