FirmaIQ
Org.nr 913 125 312 2017 → 2018 Year-over-year analysis

ADVOKAT MORTEN ENGESBAK AS: årsregnskap 2018 vs 2017

Grew 8% on revenue, stronger earnings

approved 2019-04-29; registry 2019-05-04; journal 2019 330293

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT MORTEN ENGESBAK AS. Revenue 2.14m NOK → 2.32m NOK (+8.4%). Net result +470.3k NOK → +6.81m NOK. Equity -416.9k NOK → 391.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.14m NOK 2.32m NOK
+8.4%
Operating result
+457.4k NOK +933.5k NOK
+104.1%
Net result
+470.3k NOK +6.81m NOK
+1347.7%
Equity
-416.9k NOK 391.6k NOK
+193.9%
Cash
394.8k NOK 394.3k NOK
-0.1%
Total assets
356.6k NOK 1.05m NOK
+194.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.14m NOK to 2.32m NOK (+8.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +457.4k NOK → +933.5k NOK (op. margin 21.3% → 40.2%). Calculated

  • ↑

    Net result improved

    Net result +470.3k NOK → +6.81m NOK (net margin 21.9% → 292.9%). Calculated

  • ↑

    Equity strengthened

    Book equity -416.9k NOK → 391.6k NOK (equity ratio -116.9% → 37.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.19× → 1.57×. Calculated