ADVOKAT TOM HERMANSEN AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-04-04; registry 2019-04-16; journal 2019 289087
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT TOM HERMANSEN AS. Revenue 1.57m NOK → 1.55m NOK (-1.4%). Equity 517.3k NOK → 409.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT TOM HERMANSEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 567.9k NOK → 834.8k NOK (+47.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.57m NOK to 1.55m NOK (-1.4% YoY). Calculated
-
↓
Equity eroded
Book equity 517.3k NOK → 409.7k NOK (equity ratio 59.4% → 334.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.28× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6 000 NOK → 6 NOK. Reported fact