Org.nr 991 593 322 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-04-26; registry 2019-05-02; journal 2019 326623

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.10m NOK → 1.13m NOK (+2.4%). Net result +471.08m NOK → +94.6k NOK. Equity 230.7k NOK → 194.6k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.

Scorecard

Revenue
1.10m NOK 1.13m NOK
+2.4%
Operating result
+139.8k NOK +124.5k NOK
-10.9%
Net result
+471.08m NOK +94.6k NOK
-100.0%
Equity
230.7k NOK 194.6k NOK
-15.7%
Cash
48.3k NOK 99.4k NOK
+105.7%
Total assets
471.1k NOK 612.3k NOK
+30.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.10m NOK to 1.13m NOK (+2.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 48.3k NOK → 99.4k NOK (+105.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +139.8k NOK → +124.5k NOK (op. margin 12.7% → 11.1%). Calculated

  • ↓

    Net result weakened

    Net result +471.08m NOK → +94.6k NOK (net margin 42820.5% → 8.4%). Calculated

  • ↓

    Equity eroded

    Book equity 230.7k NOK → 194.6k NOK (equity ratio 49.0% → 31.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 612.9k NOK → 625.6k NOK (56% → 56% of revenue). Calculated