ADVOKATFIRMA SEKSE & CO. AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-03-19; registry 2019-05-02; journal 2019 326363
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA SEKSE & CO. AS. Revenue 20.86m NOK → 21.48m NOK (+3.0%). Equity 867.3k NOK → 858.4k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
20.86m NOK
21.48m NOK
+3.0%
Equity
867.3k NOK
858.4k NOK
-1.0%
Cash
3.36m NOK
2.35m NOK
-30.2%
Total assets
11.19m NOK
10.98m NOK
-1.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 20.86m NOK to 21.48m NOK (+3.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.44m NOK → 2.21m NOK (12% → 10% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 867.3k NOK → 858.4k NOK (equity ratio 7.7% → 7.8%). Calculated
-
↓
Cash fell
Bank deposits 3.36m NOK → 2.35m NOK (-30.2% YoY). Calculated