FirmaIQ
Org.nr 987 675 799 2017 → 2018 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2018 vs 2017

Shrank 10% on revenue

approved 2019-04-30; registry 2019-05-04; journal 2019 332687

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 9.41m NOK → 8.46m NOK (-10.1%). Net result +386.3k NOK → +393.5k NOK. Equity 1.36m NOK → 1.21m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
9.41m NOK 8.46m NOK
-10.1%
Operating result
+493.9k NOK +501.8k NOK
+1.6%
Net result
+386.3k NOK +393.5k NOK
+1.9%
Equity
1.36m NOK 1.21m NOK
-11.1%
Cash
1.93m NOK 1.20m NOK
-37.6%
Total assets
4.21m NOK 3.58m NOK
-15.0%

What improved

  • ↑

    Operating result improved

    Operating result +493.9k NOK → +501.8k NOK (op. margin 5.2% → 5.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.28m NOK → 5.52m NOK (67% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.41m NOK to 8.46m NOK (-10.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.36m NOK → 1.21m NOK (equity ratio 32.4% → 33.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.93m NOK → 1.20m NOK (-37.6% YoY). Calculated