Org.nr 975 990 257 2017 → 2018 Year-over-year analysis

ADVOKAT24 AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-04-16; registry 2019-04-23; journal 2019 302222

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT24 AS. Revenue 6.65m NOK → 6.50m NOK (-2.3%). Equity 1.61m NOK → 9.79m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

6.65m NOK 6.50m NOK

-2.3%

Operating result

+125.0k NOK -610.8k NOK

-588.7%

Equity

1.61m NOK 9.79m NOK

+509.3%

Cash

369.4k NOK 306.4k NOK

-17.1%

Total assets

5.02m NOK 5.06m NOK

+0.6%

↑
Equity strengthened

Book equity 1.61m NOK → 9.79m NOK (equity ratio 32.0% → 193.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.65m NOK to 6.50m NOK (-2.3% YoY). Calculated
↓
Operating result weakened

Operating result +125.0k NOK → -610.8k NOK (op. margin 1.9% → -9.4%). Calculated
↓
Cash fell

Bank deposits 369.4k NOK → 306.4k NOK (-17.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 4.03m NOK → 4.35m NOK (61% → 67% of revenue). Calculated