ADVOKATFIRMA WÅLAND AS: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-04-24; registry 2019-04-29; journal 2019 314366
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA WÅLAND AS. Revenue 843.8k NOK → 826.3k NOK (-2.1%). Net result -36.6k NOK → +6.57m NOK. Equity -16.6k NOK → 6.55m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -36.7k NOK → +727.7k NOK (op. margin -4.3% → 88.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 36.6k NOK to a profit of 6.57m NOK. Calculated
-
↑
Equity strengthened
Book equity -16.6k NOK → 6.55m NOK (equity ratio -4.2% → 1190.0%). Calculated
-
↑
Cash rose
Bank deposits 166.8k NOK → 934.0k NOK (+460.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.96× → 377.93×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 843.8k NOK to 826.3k NOK (-2.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3 383 NOK → 1.61m NOK (0% → 195% of revenue). Calculated