FirmaIQ
Org.nr 989 230 905 2017 → 2018 Year-over-year analysis

ADVOKAT SIGVALD ARNE MORTVEIT AS: årsregnskap 2018 vs 2017

Grew 10420% on revenue, stronger earnings

approved 2019-04-30; registry 2019-05-04; journal 2019 331557

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT SIGVALD ARNE MORTVEIT AS. Revenue 1 671 NOK → 175.8k NOK (+10420.4%). Net result +109 NOK → +172.7k NOK. Equity 373.0k NOK → 545.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT SIGVALD ARNE MORTVEIT AS.

At a glance

Scorecard

Revenue
1 671 NOK 175.8k NOK
+10420.4%
Operating result
+7 315 NOK +223.1k NOK
+2949.7%
Net result
+109 NOK +172.7k NOK
+158317.4%
Equity
373.0k NOK 545.7k NOK
+46.3%
Cash
47.3k NOK 71.7k NOK
+51.5%
Total assets
899.2k NOK 894.2k NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 671 NOK to 175.8k NOK (+10420.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7 315 NOK → +223.1k NOK (op. margin 437.8% → 126.9%). Calculated

  • ↑

    Net result improved

    Net result +109 NOK → +172.7k NOK (net margin 6.5% → 98.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 373.0k NOK → 545.7k NOK (equity ratio 41.5% → 61.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 47.3k NOK → 71.7k NOK (+51.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 52.4k NOK → 99.2k NOK (+89.2% YoY). Calculated