ADVOKAT VIDAR SINDING AS: årsregnskap 2018 vs 2017
Grew 7% on revenue
approved 2018-12-31; registry 2019-05-04; journal 2019 331535
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT VIDAR SINDING AS. Revenue 2.25m NOK → 2.40m NOK (+6.7%). Equity -495.6k NOK → 181.9k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT VIDAR SINDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.25m NOK to 2.40m NOK (+6.7% YoY). Calculated
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↑
Equity strengthened
Book equity -495.6k NOK → 181.9k NOK (equity ratio -94.8% → 29.5%). Calculated
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↑
Cash rose
Bank deposits 9 820 NOK → 185.0k NOK (+1783.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.27m NOK → 1.24m NOK (101% → 52% of revenue). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 9.72× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 43.2k NOK → 21.1k NOK (-51.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 45.0k NOK → 46.8k NOK. Reported fact