Org.nr 997 282 612 2017 → 2018 Year-over-year analysis

ADVOKAT MARTIN KR. FEET AS: årsregnskap 2018 vs 2017

Grew 42% on revenue

approved 2019-03-29; registry 2019-05-02; journal 2019 323005

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT MARTIN KR. FEET AS. Revenue 2.28m NOK → 3.23m NOK (+41.6%). Equity 630.5k NOK → 627.8k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT MARTIN KR. FEET AS.

At a glance

Revenue

2.28m NOK 3.23m NOK

+41.6%

Operating result

+272.2k NOK +586.0k NOK

+115.3%

Equity

630.5k NOK 627.8k NOK

-0.4%

Cash

981.3k NOK 868.8k NOK

-11.5%

Total assets

1.73m NOK 1.75m NOK

+1.3%

↑
Revenue rose

Operating income / revenue moved from 2.28m NOK to 3.23m NOK (+41.6% YoY). Calculated
↑
Operating result improved

Operating result +272.2k NOK → +586.0k NOK (op. margin 11.9% → 18.1%). Calculated

↓
Equity eroded

Book equity 630.5k NOK → 627.8k NOK (equity ratio 36.5% → 35.8%). Calculated
↓
Cash fell

Bank deposits 981.3k NOK → 868.8k NOK (-11.5% YoY). Calculated

·
Payroll increased

Salary cost 1.41m NOK → 1.60m NOK (62% → 50% of revenue). Calculated