ADVOKAT MAGNHILD MERINGEN AS: årsregnskap 2018 vs 2017
A steady year on the published lines
approved 2019-04-30; registry 2020-04-06; journal 2020 281441
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT MAGNHILD MERINGEN AS. Revenue 1.86m NOK → 1.79m NOK (-3.7%). Net result +398.0k NOK → +348.2k NOK. Equity 1.05m NOK → 1.30m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT MAGNHILD MERINGEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.05m NOK → 1.30m NOK (equity ratio 44.3% → 57.2%). Calculated
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↑
Cash rose
Bank deposits 241.5k NOK → 351.0k NOK (+45.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.86m NOK to 1.79m NOK (-3.7% YoY). Calculated
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↓
Operating result weakened
Operating result +466.9k NOK → +140.3k NOK (op. margin 25.1% → 7.8%). Calculated
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↓
Net result weakened
Net result +398.0k NOK → +348.2k NOK (net margin 21.4% → 19.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.02m NOK → 1.35m NOK (55% → 75% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.20m NOK → 1.35m NOK. Reported fact