FirmaIQ
Org.nr 986 516 018 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA LOHNE KROKEIDE AS: årsregnskap 2018 vs 2017

Grew 10% on revenue, cash halved-plus

approved 2019-04-24; registry 2019-04-30; journal 2019 319164

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA LOHNE KROKEIDE AS. Revenue 10.14m NOK → 11.13m NOK (+9.8%). Equity 542.6k NOK → 529.7k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA LOHNE KROKEIDE AS.

At a glance

Scorecard

Revenue
10.14m NOK 11.13m NOK
+9.8%
Equity
542.6k NOK 529.7k NOK
-2.4%
Cash
2.09m NOK 769.7k NOK
-63.2%
Total assets
5.18m NOK 5.83m NOK
+12.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.14m NOK to 11.13m NOK (+9.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 542.6k NOK → 529.7k NOK (equity ratio 10.5% → 9.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.09m NOK → 769.7k NOK (-63.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.09m NOK → 769.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 5.40m NOK → 6.45m NOK (53% → 58% of revenue). Calculated