Org.nr 984 984 375 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2018 vs 2017

Grew 19% on revenue, cash halved-plus

approved 2019-04-10; registry 2019-04-16; journal 2019 289763

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 299.5k NOK → 354.9k NOK (+18.5%). Equity -7 213 NOK → 81.0k NOK.

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

Net constructive year on the published lines.

At a glance

Revenue

299.5k NOK 354.9k NOK

+18.5%

Operating result

-147.8k NOK +121.0k NOK

+181.9%

Equity

-7 213 NOK 81.0k NOK

+1223.6%

Cash

15.9k NOK 4 942 NOK

-68.9%

Total assets

147.6k NOK 118.0k NOK

-20.0%

↑
Revenue rose

Operating income / revenue moved from 299.5k NOK to 354.9k NOK (+18.5% YoY). Calculated
↑
Operating result improved

Operating result -147.8k NOK → +121.0k NOK (op. margin -49.4% → 34.1%). Calculated
↑
Equity strengthened

Book equity -7 213 NOK → 81.0k NOK (equity ratio -4.9% → 68.7%). Calculated
↑
Current ratio back above 1×

Current ratio 0.68× → 2.93×. Calculated
↑
Payroll decreased

Salary cost 178.6k NOK → 31.5k NOK (60% → 9% of revenue). Calculated