FirmaIQ
Org.nr 916 665 970 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET AAE AS: årsregnskap 2018 vs 2017

Grew 33% on revenue, stronger earnings, cash halved-plus

approved 2019-03-28; registry 2019-05-13; journal 2019 365612

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET AAE AS. Revenue 5.33m NOK → 7.08m NOK (+33.0%). Net result +188.0k NOK → +591.3k NOK. Equity 328.4k NOK → 419.7k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET AAE AS.

At a glance

Scorecard

Revenue
5.33m NOK 7.08m NOK
+33.0%
Operating result
+253.7k NOK +763.6k NOK
+201.0%
Net result
+188.0k NOK +591.3k NOK
+214.6%
Equity
328.4k NOK 419.7k NOK
+27.8%
Cash
129.8k NOK 1 113 NOK
-99.1%
Total assets
1.25m NOK 2.43m NOK
+94.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.33m NOK to 7.08m NOK (+33.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +253.7k NOK → +763.6k NOK (op. margin 4.8% → 10.8%). Calculated

  • ↑

    Net result improved

    Net result +188.0k NOK → +591.3k NOK (net margin 3.5% → 8.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 328.4k NOK → 419.7k NOK (equity ratio 26.3% → 17.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.14× → 791.05×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 129.8k NOK → 1 113 NOK (-99.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.58m NOK → 4.95m NOK (67% → 70% of revenue). Calculated