ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2018 vs 2017
Shrank 19% on revenue
approved 2019-03-14; registry 2019-04-27; journal 2019 310886
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 1.89m NOK → 1.53m NOK (-18.9%). Equity 284.1k NOK → 191.4k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.89m NOK
1.53m NOK
-18.9%
Operating result
n/m
-115.5k NOK
—
Net result
n/m
-92.7k NOK
—
Equity
284.1k NOK
191.4k NOK
-32.6%
Cash
155.1k NOK
121.7k NOK
-21.6%
Total assets
642.3k NOK
470.1k NOK
-26.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.89m NOK to 1.53m NOK (-18.9% YoY). Calculated
-
↓
Equity eroded
Book equity 284.1k NOK → 191.4k NOK (equity ratio 44.2% → 40.7%). Calculated
-
↓
Cash fell
Bank deposits 155.1k NOK → 121.7k NOK (-21.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.25m NOK → 1.96m NOK (66% → 128% of revenue). Calculated