FirmaIQ
Org.nr 912 125 084 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA TJØNNDAL AS: årsregnskap 2018 vs 2017

Shrank 8% on revenue, weaker earnings

approved 2019-03-28; registry 2019-04-10; journal 2019 282025

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA TJØNNDAL AS. Revenue 3.42m NOK → 3.14m NOK (-8.2%). Net result +302.0k NOK → +42.1k NOK. Equity 294.3k NOK → 1.34m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.42m NOK 3.14m NOK
-8.2%
Operating result
+381.5k NOK +32.4k NOK
-91.5%
Net result
+302.0k NOK +42.1k NOK
-86.0%
Equity
294.3k NOK 1.34m NOK
+354.1%
Cash
2.15m NOK 12.64m NOK
+486.4%
Total assets
2.74m NOK 13.26m NOK
+384.4%

What improved

  • ↑

    Equity strengthened

    Book equity 294.3k NOK → 1.34m NOK (equity ratio 10.8% → 10.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.15m NOK → 12.64m NOK (+486.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.42m NOK to 3.14m NOK (-8.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +381.5k NOK → +32.4k NOK (op. margin 11.1% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +302.0k NOK → +42.1k NOK (net margin 8.8% → 1.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.15m NOK → 2.20m NOK (63% → 70% of revenue). Calculated