ADVOKAT SANDVOLD AS: årsregnskap 2018 vs 2017
Grew 234% on revenue, cash halved-plus
approved 2019-04-24; registry 2019-05-04; journal 2019 329383
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT SANDVOLD AS. Revenue 475.0k NOK → 1.58m NOK (+233.6%). Equity 110.8k NOK → 121.1k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
475.0k NOK
1.58m NOK
+233.6%
Equity
110.8k NOK
121.1k NOK
+9.3%
Cash
162.2k NOK
67.8k NOK
-58.2%
Total assets
374.9k NOK
586.2k NOK
+56.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 475.0k NOK to 1.58m NOK (+233.6% YoY). Calculated
-
↑
Equity strengthened
Book equity 110.8k NOK → 121.1k NOK (equity ratio 29.5% → 20.7%). Calculated
-
↑
Payroll decreased
Salary cost 938.5k NOK → 1 138 NOK (198% → 0% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 162.2k NOK → 67.8k NOK (-58.2% YoY). Calculated