FirmaIQ
Org.nr 914 948 320 2017 → 2018 Year-over-year analysis

ADVOKAT TOVE NISSEN-SOLLIE AS: årsregnskap 2018 vs 2017

Shrank 97% on revenue, slipped into loss, cash halved-plus

approved 2019-03-29; registry 2019-04-01; journal 2019 266640

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT TOVE NISSEN-SOLLIE AS. Revenue 4.32m NOK → 126.8k NOK (-97.1%). Net result +42.3k NOK → -111.0k NOK. Equity 500.0k NOK → 389.1k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.32m NOK 126.8k NOK
-97.1%
Operating result
+58.0k NOK n/m
—
Net result
+42.3k NOK -111.0k NOK
-362.5%
Equity
500.0k NOK 389.1k NOK
-22.2%
Cash
124.7k NOK 62.1k NOK
-50.2%
Total assets
707.1k NOK 605.9k NOK
-14.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.32m NOK to 126.8k NOK (-97.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 42.3k NOK profit to a loss of 111.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 500.0k NOK → 389.1k NOK (equity ratio 70.7% → 64.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 124.7k NOK → 62.1k NOK (-50.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 651.3k NOK → 726.4k NOK (15% → 573% of revenue). Calculated