Org.nr 912 829 022 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA MJAASETH AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-01-11; registry 2019-04-08; journal 2019 277158

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA MJAASETH AS. Revenue 1.81m NOK → 1.82m NOK (+0.7%). Equity 547.2k NOK → 504.0k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAASETH AS.

At a glance

Revenue

1.81m NOK 1.82m NOK

+0.7%

Net result

n/m -43.2k NOK

—

Equity

547.2k NOK 504.0k NOK

-7.9%

Cash

117.3k NOK 235.3k NOK

+100.7%

Total assets

1.24m NOK 1.92m NOK

+55.1%

↑
Revenue rose

Operating income / revenue moved from 1.81m NOK to 1.82m NOK (+0.7% YoY). Calculated
↑
Cash rose

Bank deposits 117.3k NOK → 235.3k NOK (+100.7% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.17× → 3.97×. Calculated

↓
Equity eroded

Book equity 547.2k NOK → 504.0k NOK (equity ratio 44.1% → 26.2%). Calculated

·
Book investments changed

Investment / intangible book value 265.2k NOK → 256.1k NOK. Reported fact