Org.nr 918 710 477 2017 → 2018 Year-over-year analysis

ADVOKAT RYE-HOLMBOE AS: årsregnskap 2018 vs 2017

Grew 104645% on revenue, stronger earnings

approved 2019-03-11; registry 2019-03-13; journal 2019 234459

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT RYE-HOLMBOE AS. Revenue 1 532 NOK → 1.60m NOK (+104644.6%). Net result +369.1k NOK → +477.7k NOK. Equity 9.39m NOK → 671.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
1 532 NOK 1.60m NOK
+104644.6%
Operating result
+482.2k NOK +620.4k NOK
+28.6%
Net result
+369.1k NOK +477.7k NOK
+29.4%
Equity
9.39m NOK 671.6k NOK
-92.9%
Cash
354.6k NOK 636.1k NOK
+79.4%
Total assets
755.5k NOK 7 632 NOK
-99.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 532 NOK to 1.60m NOK (+104644.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +482.2k NOK → +620.4k NOK (op. margin 31477.9% → 38.7%). Calculated

  • ↑

    Net result improved

    Net result +369.1k NOK → +477.7k NOK (net margin 24093.0% → 29.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 354.6k NOK → 636.1k NOK (+79.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.39m NOK → 671.6k NOK (equity ratio 1243.3% → 8799.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.10× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated