Org.nr 913 884 760 2017 → 2018 Year-over-year analysis

ADVOKAT TOR RIKARD EVENSEN AS: årsregnskap 2018 vs 2017

Grew 11% on revenue, returned to profit, cash halved-plus

approved 2019-04-30; registry 2019-05-04; journal 2019 329643

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT TOR RIKARD EVENSEN AS. Revenue 2.14m NOK → 2.38m NOK (+11.5%). Net result -271.2k NOK → +376.9k NOK. Equity 514.7k NOK → 591.7k NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
2.14m NOK 2.38m NOK
+11.5%
Operating result
n/m +490.9k NOK
—
Net result
-271.2k NOK +376.9k NOK
+239.0%
Equity
514.7k NOK 591.7k NOK
+14.9%
Cash
227.0k NOK 105.1k NOK
-53.7%
Total assets
850.1k NOK 988.3k NOK
+16.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.14m NOK to 2.38m NOK (+11.5% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 271.2k NOK to a profit of 376.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 514.7k NOK → 591.7k NOK (equity ratio 60.5% → 59.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 391.0k NOK (+361.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 1.52m NOK → 1.50m NOK (71% → 63% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 227.0k NOK → 105.1k NOK (-53.7% YoY). Calculated