Org.nr 813 744 082 2017 → 2018 Year-over-year analysis

ADVOKAT ØYSTEIN HANSEN AS: årsregnskap 2018 vs 2017

Grew 5% on revenue, weaker earnings

approved 2019-03-11; registry 2019-05-20; journal 2019 381350

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT ØYSTEIN HANSEN AS. Revenue 922.5k NOK → 970.0k NOK (+5.2%). Net result +48.3k NOK → +12.1k NOK. Equity 148.3k NOK → 160.4k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT ØYSTEIN HANSEN AS.

Scorecard

Revenue
922.5k NOK 970.0k NOK
+5.2%
Net result
+48.3k NOK +12.1k NOK
-74.9%
Equity
148.3k NOK 160.4k NOK
+8.2%
Cash
94.5k NOK 115.5k NOK
+22.2%
Total assets
359.4k NOK 384.1k NOK
+6.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 922.5k NOK to 970.0k NOK (+5.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 148.3k NOK → 160.4k NOK (equity ratio 41.3% → 41.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 94.5k NOK → 115.5k NOK (+22.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +48.3k NOK → +12.1k NOK (net margin 5.2% → 1.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 556.6k NOK → 591.1k NOK (60% → 61% of revenue). Calculated