ADVOKATFIRMA METTEVOLL AS: årsregnskap 2018 vs 2017
Grew 188% on revenue
approved 2019-02-13; registry 2019-03-07; journal 2019 227357
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA METTEVOLL AS. Revenue 485.5k NOK → 1.40m NOK (+188.4%). Net result +791.7k NOK → +783.8k NOK. Equity 203.0k NOK → 236.9k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA METTEVOLL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 485.5k NOK to 1.40m NOK (+188.4% YoY). Calculated
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↑
Equity strengthened
Book equity 203.0k NOK → 236.9k NOK (equity ratio 81.6% → 19.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +621.7k NOK → +560.9k NOK (op. margin 128.1% → 40.1%). Calculated
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↓
Cash fell
Bank deposits 747.1k NOK → 718.3k NOK (-3.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.68× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 388.1k NOK → 409.8k NOK (80% → 29% of revenue). Calculated