FirmaIQ
Org.nr 987 363 525 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA RIISØEN AS: årsregnskap 2018 vs 2017

Shrank 7% on revenue, weaker earnings

approved 2019-04-30; registry 2019-05-04; journal 2019 331879

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA RIISØEN AS. Revenue 1.89m NOK → 1.75m NOK (-7.3%). Net result +520.9k NOK → +173.2k NOK. Equity 80.2k NOK → 1.25m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.89m NOK 1.75m NOK
-7.3%
Net result
+520.9k NOK +173.2k NOK
-66.7%
Equity
80.2k NOK 1.25m NOK
+1462.5%
Cash
733.9k NOK 698.9k NOK
-4.8%
Total assets
1.63m NOK 772.9k NOK
-52.4%

What improved

  • ↑

    Equity strengthened

    Book equity 80.2k NOK → 1.25m NOK (equity ratio 4.9% → 162.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.78m NOK → 900.4k NOK (94% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.89m NOK to 1.75m NOK (-7.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +520.9k NOK → +173.2k NOK (net margin 27.6% → 9.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 733.9k NOK → 698.9k NOK (-4.8% YoY). Calculated