ADVOKAT SOLVEIG EKEBERG AS: årsregnskap 2018 vs 2017
Shrank 57% on revenue, stronger earnings, cash halved-plus
approved 2019-05-28; registry 2019-06-03; journal 2019 444702
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT SOLVEIG EKEBERG AS. Revenue 1.42m NOK → 615.3k NOK (-56.8%). Net result +567.2k NOK → +892.5k NOK. Equity 7.80m NOK → 7.76m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT SOLVEIG EKEBERG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +684.0k NOK → +1.07m NOK (op. margin 48.1% → 173.9%). Calculated
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Net result improved
Net result +567.2k NOK → +892.5k NOK (net margin 39.9% → 145.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.42m NOK to 615.3k NOK (-56.8% YoY). Calculated
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↓
Equity eroded
Book equity 7.80m NOK → 7.76m NOK (equity ratio 97.2% → 95.7%). Calculated
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↓
Cash fell
Bank deposits 331.9k NOK → 27.5k NOK (-91.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 3.59m NOK → 3.68m NOK. Reported fact