ADVOKAT ØYEHAUG AS: årsregnskap 2018 vs 2017
Grew 52% on revenue
approved 2019-04-26; registry 2019-05-04; journal 2019 328385
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT ØYEHAUG AS. Revenue 2.33m NOK → 3.54m NOK (+51.9%). Equity 602.7k NOK → 248.0k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKAT ØYEHAUG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.33m NOK to 3.54m NOK (+51.9% YoY). Calculated
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↑
Cash rose
Bank deposits 243.2k NOK → 292.9k NOK (+20.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.18× → 1.11×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 602.7k NOK → 248.0k NOK (equity ratio 30.0% → 8.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 525 NOK → 51.9k NOK (+9791.6% YoY). Calculated