ADVOKATFIRMA KRANE AS: årsregnskap 2018 vs 2017
Slipped into loss, cash halved-plus
approved 2019-04-10; registry 2019-04-20; journal 2019 299083
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA KRANE AS. Revenue 971.0k NOK → 984.2k NOK (+1.4%). Net result +47.7k NOK → -30.7k NOK. Equity 163.4k NOK → 132.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA KRANE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 971.0k NOK to 984.2k NOK (+1.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +61.9k NOK → -30.8k NOK (op. margin 6.4% → -3.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 47.7k NOK profit to a loss of 30.7k NOK. Calculated
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↓
Equity eroded
Book equity 163.4k NOK → 132.7k NOK (equity ratio 46.0% → 50.8%). Calculated
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↓
Cash fell
Bank deposits 281.6k NOK → 136.0k NOK (-51.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 651.4k NOK → 703.1k NOK (67% → 71% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 8 468 NOK → -9 752 NOK (-215.2% YoY). Calculated