FirmaIQ
Org.nr 997 522 656 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA FOLSERAAS AS: årsregnskap 2018 vs 2017

Grew 5% on revenue

approved 2019-04-29; registry 2019-05-02; journal 2019 326127

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA FOLSERAAS AS. Revenue 2.00m NOK → 2.10m NOK (+5.2%). Net result +430.1k NOK → +473.5k NOK. Equity 543.3k NOK → 766.8k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA FOLSERAAS AS.

At a glance

Scorecard

Revenue
2.00m NOK 2.10m NOK
+5.2%
Operating result
+564.3k NOK +614.6k NOK
+8.9%
Net result
+430.1k NOK +473.5k NOK
+10.1%
Equity
543.3k NOK 766.8k NOK
+41.1%
Cash
751.3k NOK 517.4k NOK
-31.1%
Total assets
1 116 NOK 1.16m NOK
+103758.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.00m NOK to 2.10m NOK (+5.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +564.3k NOK → +614.6k NOK (op. margin 28.2% → 29.2%). Calculated

  • ↑

    Net result improved

    Net result +430.1k NOK → +473.5k NOK (net margin 21.5% → 22.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 543.3k NOK → 766.8k NOK (equity ratio 48679.5% → 66.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2.67×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 751.3k NOK → 517.4k NOK (-31.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 929.7k NOK → 936.4k NOK (46% → 45% of revenue). Calculated