ADVOKATFIRMA SØLVERUD AS: årsregnskap 2018 vs 2017
Shrank 14% on revenue, weaker earnings, cash halved-plus
approved 2019-06-27; registry 2019-07-01; journal 2019 616101
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA SØLVERUD AS. Revenue 3.92m NOK → 3.35m NOK (-14.5%). Net result -7 217 NOK → -194.3k NOK. Equity 248 NOK → 53.82m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 248 NOK → 53.82m NOK (equity ratio 0.0% → 5041.3%). Calculated
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↑
Payroll decreased
Salary cost 2.99m NOK → 2.85m NOK (76% → 85% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.92m NOK to 3.35m NOK (-14.5% YoY). Calculated
-
↓
Operating result weakened
Operating result -10.6k NOK → -196.4k NOK (op. margin -0.3% → -5.9%). Calculated
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↓
Net result weakened
Net result -7 217 NOK → -194.3k NOK (net margin -0.2% → -5.8%). Calculated
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↓
Cash fell
Bank deposits 523.4k NOK → 251.3k NOK (-52.0% YoY). Calculated