FirmaIQ
Org.nr 914 622 042 2017 → 2018 Year-over-year analysis

ADVOKATENE ENOKSEN & STEIRO AS: årsregnskap 2018 vs 2017

Grew 28% on revenue, weaker earnings

approved 2019-03-06; registry 2019-03-25; journal 2019 252205

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATENE ENOKSEN & STEIRO AS. Revenue 5.85m NOK → 7.52m NOK (+28.4%). Net result +551.5k NOK → +2 000 NOK. Equity 1.48m NOK → 2.35m NOK.

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

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

At a glance

Scorecard

Revenue
5.85m NOK 7.52m NOK
+28.4%
Operating result
+783.3k NOK +142.4k NOK
-81.8%
Net result
+551.5k NOK +2 000 NOK
-99.6%
Equity
1.48m NOK 2.35m NOK
+58.2%
Cash
1.36m NOK 1.83m NOK
+34.4%
Total assets
3.97m NOK 5.26m NOK
+32.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.85m NOK to 7.52m NOK (+28.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.48m NOK → 2.35m NOK (equity ratio 37.3% → 44.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.36m NOK → 1.83m NOK (+34.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +783.3k NOK → +142.4k NOK (op. margin 13.4% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +551.5k NOK → +2 000 NOK (net margin 9.4% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.10m NOK → 4.99m NOK (70% → 66% of revenue). Calculated