FirmaIQ
Org.nr 996 242 307 2017 → 2018 Year-over-year analysis

ADVOKATENE BORGERSEN & STEINSVÅG AS: årsregnskap 2018 vs 2017

Grew 21% on revenue, weaker earnings

approved 2019-02-13; registry 2019-04-01; journal 2019 261097

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATENE BORGERSEN & STEINSVÅG AS. Revenue 4.64m NOK → 5.64m NOK (+21.4%). Net result +734.9k NOK → +355.8k NOK. Equity 2.14m NOK → 2.49m NOK.

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

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

At a glance

Scorecard

Revenue
4.64m NOK 5.64m NOK
+21.4%
Operating result
+958.7k NOK +459.7k NOK
-52.0%
Net result
+734.9k NOK +355.8k NOK
-51.6%
Equity
2.14m NOK 2.49m NOK
+16.7%
Cash
965.7k NOK 861.8k NOK
-10.8%
Total assets
4.33m NOK 4.59m NOK
+5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.64m NOK to 5.64m NOK (+21.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.14m NOK → 2.49m NOK (equity ratio 49.3% → 54.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +958.7k NOK → +459.7k NOK (op. margin 20.7% → 8.2%). Calculated

  • ↓

    Net result weakened

    Net result +734.9k NOK → +355.8k NOK (net margin 15.8% → 6.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 965.7k NOK → 861.8k NOK (-10.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.42m NOK → 3.48m NOK (52% → 62% of revenue). Calculated