ADVOKAT, REVISOR RISHOVD AS: årsregnskap 2018 vs 2017
Shrank 42% on revenue, returned to profit, cash halved-plus
approved 2019-02-04; registry 2019-04-03; journal 2019 269132
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT, REVISOR RISHOVD AS. Revenue 175.2k NOK → 101.0k NOK (-42.4%). Net result -6 428 NOK → +38.0k NOK. Equity 364.6k NOK → 152.7k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT, REVISOR RISHOVD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -10.2k NOK → +43.2k NOK (op. margin -5.8% → 42.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 6 428 NOK to a profit of 38.0k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 175.2k NOK to 101.0k NOK (-42.4% YoY). Calculated
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↓
Equity eroded
Book equity 364.6k NOK → 152.7k NOK (equity ratio 89.0% → 83.2%). Calculated
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↓
Cash fell
Bank deposits 390.4k NOK → 163.6k NOK (-58.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 124.3k NOK → 35.0k NOK (-71.8% YoY). Calculated