ADVOKAT SVEIN DRANGEID AS: årsregnskap 2018 vs 2017
Shrank 10% on revenue, weaker earnings
approved 2019-04-10; registry 2019-04-20; journal 2019 298281
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT SVEIN DRANGEID AS. Revenue 1.71m NOK → 1.55m NOK (-9.7%). Net result +221.7k NOK → +123.5k NOK. Equity 325.3k NOK → 243.8k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 31.8k NOK → 32.8k NOK (+3.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.71m NOK to 1.55m NOK (-9.7% YoY). Calculated
-
↓
Net result weakened
Net result +221.7k NOK → +123.5k NOK (net margin 12.9% → 8.0%). Calculated
-
↓
Equity eroded
Book equity 325.3k NOK → 243.8k NOK (equity ratio 40.5% → 50.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 948.0k NOK → 957.8k NOK (55% → 62% of revenue). Calculated