ADVOKATFIRMA RISNES AS: årsregnskap 2018 vs 2017
Grew 7% on revenue, stronger earnings, cash halved-plus
approved 2019-04-29; registry 2019-05-04; journal 2019 328909
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA RISNES AS. Revenue 3.02m NOK → 3.23m NOK (+6.9%). Net result +303.6k NOK → +492.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA RISNES AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.02m NOK to 3.23m NOK (+6.9% YoY). Calculated
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Operating result improved
Operating result +490.5k NOK → +611.04bn NOK (op. margin 16.2% → 18914874.0%). Calculated
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Net result improved
Net result +303.6k NOK → +492.0k NOK (net margin 10.0% → 15.2%). Calculated
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Payroll decreased
Salary cost 2.93m NOK → 138.2k NOK (97% → 4% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 7.12m NOK → 7 NOK (-100.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (7.12m NOK → 7 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 532.6k NOK → 796.5k NOK (+49.6% YoY). Calculated