FirmaIQ
Org.nr 994 298 380 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA MOEN ERIKSTEIN AS: årsregnskap 2018 vs 2017

Shrank 25% on revenue

approved 2019-04-29; registry 2019-05-02; journal 2019 322063

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA MOEN ERIKSTEIN AS. Revenue 4.31m NOK → 3.25m NOK (-24.5%). Net result +467.7k NOK → +511.2k NOK. Equity 9.76m NOK → 10.27m NOK.

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

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

At a glance

Scorecard

Revenue
4.31m NOK 3.25m NOK
-24.5%
Operating result
+1.73m NOK +419.9k NOK
-75.8%
Net result
+467.7k NOK +511.2k NOK
+9.3%
Equity
9.76m NOK 10.27m NOK
+5.2%
Cash
2.60m NOK 3.31m NOK
+27.5%
Total assets
11.16m NOK 10.86m NOK
-2.6%

What improved

  • ↑

    Net result improved

    Net result +467.7k NOK → +511.2k NOK (net margin 10.8% → 15.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.76m NOK → 10.27m NOK (equity ratio 87.5% → 94.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.60m NOK → 3.31m NOK (+27.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.57m NOK → 1.57m NOK (60% → 48% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.31m NOK to 3.25m NOK (-24.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.73m NOK → +419.9k NOK (op. margin 40.2% → 12.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.90m NOK → 5.75m NOK. Reported fact