FirmaIQ
Org.nr 890 944 612 2017 → 2018 Year-over-year analysis

ADVOKAT WIIK JOHANSEN AS: årsregnskap 2018 vs 2017

Grew 7% on revenue, stronger earnings, cash halved-plus

approved 2019-04-29; registry 2019-05-02; journal 2019 324615

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT WIIK JOHANSEN AS. Revenue 2.22m NOK → 2.37m NOK (+6.8%). Net result +176.9k NOK → +296.3k NOK. Equity 1.74m NOK → 2.03m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT WIIK JOHANSEN AS.

At a glance

Scorecard

Revenue
2.22m NOK 2.37m NOK
+6.8%
Operating result
+213.8k NOK +384.9k NOK
+80.0%
Net result
+176.9k NOK +296.3k NOK
+67.5%
Equity
1.74m NOK 2.03m NOK
+17.1%
Cash
777.7k NOK 1 197 NOK
-99.8%
Total assets
2.14m NOK 2.77m NOK
+29.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.22m NOK to 2.37m NOK (+6.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +213.8k NOK → +384.9k NOK (op. margin 9.6% → 16.3%). Calculated

  • ↑

    Net result improved

    Net result +176.9k NOK → +296.3k NOK (net margin 8.0% → 12.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.74m NOK → 2.03m NOK (equity ratio 81.2% → 73.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 777.7k NOK → 1 197 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 461.0k NOK → 320.0k NOK. Reported fact