Org.nr 918 120 734 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA SØRSKÅR KONTORDRIFT: årsregnskap 2018 vs 2017

Shrank 89% on revenue, weaker earnings, cash halved-plus

approved 2019-02-06; registry 2019-05-07; journal 2019 311674

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA SØRSKÅR KONTORDRIFT. Revenue 992.4k NOK → 110.6k NOK (-88.9%). Net result +21.2k NOK → +10.9k NOK. Equity 8 813 NOK → 19.7k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
992.4k NOK 110.6k NOK
-88.9%
Operating result
+29.0k NOK +14.5k NOK
-50.0%
Net result
+21.2k NOK +10.9k NOK
-48.4%
Equity
8 813 NOK 19.7k NOK
+123.7%
Cash
160.8k NOK 53.7k NOK
-66.6%
Total assets
495.4k NOK 513.7k NOK
+3.7%

What improved

  • ↑

    Equity strengthened

    Book equity 8 813 NOK → 19.7k NOK (equity ratio 1.8% → 3.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 992.4k NOK to 110.6k NOK (-88.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +29.0k NOK → +14.5k NOK (op. margin 2.9% → 13.1%). Calculated

  • ↓

    Net result weakened

    Net result +21.2k NOK → +10.9k NOK (net margin 2.1% → 9.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 160.8k NOK → 53.7k NOK (-66.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 291 NOK → 421.4k NOK (0% → 381% of revenue). Calculated