Org.nr 991 556 664 2017 → 2018 Year-over-year analysis

ADVOKATENE HOVDE MNA AS: årsregnskap 2018 vs 2017

Grew 10% on revenue

approved 2019-04-29; registry 2019-05-02; journal 2019 326609

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATENE HOVDE MNA AS. Revenue 4.22m NOK → 4.62m NOK (+9.5%). Equity 744.9k NOK → 1.04m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

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

Scorecard

Revenue
4.22m NOK 4.62m NOK
+9.5%
Net result
+477.7k NOK n/m
—
Equity
744.9k NOK 1.04m NOK
+39.0%
Cash
620.9k NOK 420.7k NOK
-32.2%
Total assets
2.39m NOK 2.45m NOK
+2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.22m NOK to 4.62m NOK (+9.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 744.9k NOK → 1.04m NOK (equity ratio 31.1% → 42.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.07×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 620.9k NOK → 420.7k NOK (-32.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.43m NOK → 2.69m NOK (58% → 58% of revenue). Calculated