FirmaIQ
Org.nr 999 605 893 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA STAALESEN AS: årsregnskap 2018 vs 2017

Grew 30% on revenue, stronger earnings

approved 2019-02-21; registry 2019-03-18; journal 2019 242828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA STAALESEN AS. Revenue 4.36m NOK → 5.67m NOK (+30.1%). Net result +1.58m NOK → +1.96m NOK. Equity 30.0k NOK → 30.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA STAALESEN AS.

At a glance

Scorecard

Revenue
4.36m NOK 5.67m NOK
+30.1%
Operating result
+2.05m NOK +2.55m NOK
+24.1%
Net result
+1.58m NOK +1.96m NOK
+23.8%
Equity
30.0k NOK 30.0k NOK
0.0%
Cash
1.14m NOK 2.25m NOK
+98.1%
Total assets
2.87m NOK 3.64m NOK
+26.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.36m NOK to 5.67m NOK (+30.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.05m NOK → +2.55m NOK (op. margin 47.0% → 44.9%). Calculated

  • ↑

    Net result improved

    Net result +1.58m NOK → +1.96m NOK (net margin 36.3% → 34.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.14m NOK → 2.25m NOK (+98.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.60m NOK → 2.12m NOK (37% → 37% of revenue). Calculated