Org.nr 992 851 171 2017 → 2018 Year-over-year analysis

ADVOKATENE BJØRBÆK AS: årsregnskap 2018 vs 2017

Grew 8% on revenue

approved 2019-04-26; registry 2019-04-30; journal 2019 319160

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATENE BJØRBÆK AS. Revenue 2.74m NOK → 2.96m NOK (+8.2%). Equity 280.6k NOK → 527.0k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE BJØRBÆK AS.

Scorecard

Revenue
2.74m NOK 2.96m NOK
+8.2%
Operating result
+185.1k NOK +333.0k NOK
+79.9%
Equity
280.6k NOK 527.0k NOK
+87.8%
Cash
94.3k NOK 206.9k NOK
+119.3%
Total assets
774.0k NOK 109.4k NOK
-85.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.74m NOK to 2.96m NOK (+8.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +185.1k NOK → +333.0k NOK (op. margin 6.8% → 11.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 280.6k NOK → 527.0k NOK (equity ratio 36.3% → 481.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 94.3k NOK → 206.9k NOK (+119.3% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.49× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.92m NOK → 1.95m NOK (70% → 66% of revenue). Calculated