FirmaIQ
Org.nr 915 665 586 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA REMMAN AS: årsregnskap 2018 vs 2017

Grew 30% on revenue, stronger earnings

approved 2019-05-24; registry 2019-05-29; journal 2019 431586

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA REMMAN AS. Revenue 1.80m NOK → 2.33m NOK (+29.5%). Net result +576.1k NOK → +897.6k NOK. Equity 1.74m NOK → 1.89m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA REMMAN AS.

At a glance

Scorecard

Revenue
1.80m NOK 2.33m NOK
+29.5%
Operating result
+766.1k NOK +1 158 NOK
-99.8%
Net result
+576.1k NOK +897.6k NOK
+55.8%
Equity
1.74m NOK 1.89m NOK
+8.5%
Cash
659.5k NOK 785.7k NOK
+19.1%
Total assets
2.29m NOK 2.98m NOK
+30.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.80m NOK to 2.33m NOK (+29.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +576.1k NOK → +897.6k NOK (net margin 32.0% → 38.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.74m NOK → 1.89m NOK (equity ratio 76.1% → 63.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 659.5k NOK → 785.7k NOK (+19.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 611.2k NOK → 523.9k NOK (34% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +766.1k NOK → +1 158 NOK (op. margin 42.6% → 0.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 159.2k NOK → 330.5k NOK (+107.6% YoY). Calculated