FirmaIQ
Org.nr 912 016 056 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA FREIBU AS: årsregnskap 2018 vs 2017

Grew 66% on revenue, weaker earnings, cash halved-plus

approved 2019-03-22; registry 2019-03-27; journal 2019 256875

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA FREIBU AS. Revenue 3.65m NOK → 6.05m NOK (+65.6%). Net result +988.5k NOK → +1 615 NOK. Equity 4.63m NOK → 3.74m NOK.

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

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

At a glance

Scorecard

Revenue
3.65m NOK 6.05m NOK
+65.6%
Operating result
+785.5k NOK +106.7k NOK
-86.4%
Net result
+988.5k NOK +1 615 NOK
-99.8%
Equity
4.63m NOK 3.74m NOK
-19.1%
Cash
890.9k NOK 227.9k NOK
-74.4%
Total assets
5.36m NOK 5.89m NOK
+9.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.65m NOK to 6.05m NOK (+65.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +785.5k NOK → +106.7k NOK (op. margin 21.5% → 1.8%). Calculated

  • ↓

    Net result weakened

    Net result +988.5k NOK → +1 615 NOK (net margin 27.0% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 4.63m NOK → 3.74m NOK (equity ratio 86.3% → 63.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 890.9k NOK → 227.9k NOK (-74.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.27m NOK → 1.95m NOK (35% → 32% of revenue). Calculated