Org.nr 915 624 405 2017 → 2018 Year-over-year analysis

ADVOKAT SIRI ØVSTEBØ AS: årsregnskap 2018 vs 2017

Grew 18% on revenue

approved 2019-05-15; registry 2019-05-25; journal 2019 409204

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT SIRI ØVSTEBØ AS. Revenue 1.19m NOK → 1.40m NOK (+17.7%). Equity 96.9k NOK → 85.4k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIRI ØVSTEBØ AS.

Scorecard

Revenue
1.19m NOK 1.40m NOK
+17.7%
Operating result
+16.8k NOK +13.6k NOK
-19.1%
Net result
n/m +11.6k NOK
—
Equity
96.9k NOK 85.4k NOK
-11.9%
Cash
28.1k NOK 43.2k NOK
+53.8%
Total assets
631.1k NOK 585.1k NOK
-7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.19m NOK to 1.40m NOK (+17.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 28.1k NOK → 43.2k NOK (+53.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +16.8k NOK → +13.6k NOK (op. margin 1.4% → 1.0%). Calculated

  • ↓

    Equity eroded

    Book equity 96.9k NOK → 85.4k NOK (equity ratio 15.4% → 14.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 96.9k NOK → 85.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 612.6k NOK → 788.2k NOK (51% → 56% of revenue). Calculated