Org.nr 919 276 266 2017 → 2018 Year-over-year analysis

ADVOKAT NIELS KRISTIAN AXELSEN AS: årsregnskap 2018 vs 2017

Grew 190517% on revenue

approved 2019-04-26; registry 2020-06-17; journal 2020 473526

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT NIELS KRISTIAN AXELSEN AS. Revenue 3 037 NOK → 5.79m NOK (+190517.1%). Equity 1.47m NOK → 3.11m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT NIELS KRISTIAN AXELSEN AS.

At a glance

Revenue

3 037 NOK 5.79m NOK

+190517.1%

Operating result

+1.68m NOK +2.13m NOK

+26.7%

Equity

1.47m NOK 3.11m NOK

+111.3%

Cash

1 501 NOK 3.85m NOK

+256297.5%

Total assets

4.17m NOK 6.30m NOK

+51.2%

↑
Revenue rose

Operating income / revenue moved from 3 037 NOK to 5.79m NOK (+190517.1% YoY). Calculated
↑
Operating result improved

Operating result +1.68m NOK → +2.13m NOK (op. margin 55312.5% → 36.8%). Calculated
↑
Equity strengthened

Book equity 1.47m NOK → 3.11m NOK (equity ratio 35.4% → 49.4%). Calculated
↑
Cash rose

Bank deposits 1 501 NOK → 3.85m NOK (+256297.5% YoY). Calculated

·
COGS moved

COGS / varekostnad 1 124 NOK → 2.12m NOK (+188236.9% YoY). Calculated