FirmaIQ
Org.nr 916 865 406 2017 → 2018 Year-over-year analysis

ADVOKAT NJÅL ØDEGÅRD AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue

approved 2019-06-17; registry 2019-06-26; journal 2019 531808

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT NJÅL ØDEGÅRD AS. Revenue 62.0k NOK → 0 NOK (-100.0%). Equity 30.8k NOK → 25.5k NOK.

On the constructive side: operating result improved; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
62.0k NOK 0 NOK
-100.0%
Operating result
-97.2k NOK -5 483 NOK
+94.4%
Net result
+96.5k NOK n/m
—
Equity
30.8k NOK 25.5k NOK
-17.2%
Cash
7 415 NOK 4 725 NOK
-36.3%
Total assets
7 415 NOK 25.6k NOK
+245.9%

What improved

  • ↑

    Operating result improved

    Operating result -97.2k NOK → -5 483 NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -0.32× → 25.13×. Calculated

  • ↑

    Payroll decreased

    Salary cost 126.0k NOK → -10.7k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 62.0k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 30.8k NOK → 25.5k NOK (equity ratio 414.9% → 99.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 7 415 NOK → 4 725 NOK (-36.3% YoY). Calculated