Org.nr 912 389 456 2017 → 2018 Year-over-year analysis

ADVOKAT STIAN HATLEBERG AS: årsregnskap 2018 vs 2017

Shrank 23% on revenue, weaker earnings, cash halved-plus

approved 2019-03-06; registry 2019-03-13; journal 2019 235033

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT STIAN HATLEBERG AS. Revenue 2.87m NOK → 2.23m NOK (-22.5%). Net result +954.8k NOK → +647.9k NOK. Equity 799.2k NOK → 1.78m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
2.87m NOK 2.23m NOK
-22.5%
Operating result
n/m +130 NOK
—
Net result
+954.8k NOK +647.9k NOK
-32.1%
Equity
799.2k NOK 1.78m NOK
+122.4%
Cash
700.7k NOK 350.3k NOK
-50.0%
Total assets
3.56m NOK 3.48m NOK
-2.2%

What improved

  • ↑

    Equity strengthened

    Book equity 799.2k NOK → 1.78m NOK (equity ratio 22.5% → 51.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 775.4k NOK → 715.5k NOK (27% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.87m NOK to 2.23m NOK (-22.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +954.8k NOK → +647.9k NOK (net margin 33.2% → 29.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 700.7k NOK → 350.3k NOK (-50.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 18.2k NOK → 31.1k NOK (+70.9% YoY). Calculated