FirmaIQ
Org.nr 913 252 861 2017 → 2018 Year-over-year analysis

ADVOKAT SIVERTSVIK AS: årsregnskap 2018 vs 2017

Grew 20% on revenue, stronger earnings

approved 2019-04-15; registry 2019-04-29; journal 2019 313238

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT SIVERTSVIK AS. Revenue 1.35m NOK → 1.62m NOK (+19.9%). Net result +2 207 NOK → +208.7k NOK. Equity -194.6k NOK → 14.1k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIVERTSVIK AS.

At a glance

Scorecard

Revenue
1.35m NOK 1.62m NOK
+19.9%
Operating result
+127.0k NOK +281.2k NOK
+121.5%
Net result
+2 207 NOK +208.7k NOK
+9356.3%
Equity
-194.6k NOK 14.1k NOK
+107.3%
Cash
59.1k NOK 142.1k NOK
+140.7%
Total assets
285.7k NOK 324.6k NOK
+13.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.35m NOK to 1.62m NOK (+19.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +127.0k NOK → +281.2k NOK (op. margin 9.4% → 17.4%). Calculated

  • ↑

    Net result improved

    Net result +2 207 NOK → +208.7k NOK (net margin 0.2% → 12.9%). Calculated

  • ↑

    Equity strengthened

    Book equity -194.6k NOK → 14.1k NOK (equity ratio -68.1% → 4.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 59.1k NOK → 142.1k NOK (+140.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 900.9k NOK → 1.01m NOK (67% → 62% of revenue). Calculated