ADVOKATFIRMAET AASEN AS: årsregnskap 2018 vs 2017
Grew 6% on revenue, slipped into loss
approved 2019-04-30; registry 2019-05-13; journal 2019 365310
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET AASEN AS. Revenue 3.39m NOK → 3.58m NOK (+5.6%). Net result +43.1k NOK → -40.8k NOK. Equity 595.5k NOK → 554.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET AASEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.39m NOK to 3.58m NOK (+5.6% YoY). Calculated
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↑
Cash rose
Bank deposits 272.2k NOK → 389.4k NOK (+43.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +66.1k NOK → -43.3k NOK (op. margin 2.0% → -1.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 43.1k NOK profit to a loss of 40.8k NOK. Calculated
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↓
Equity eroded
Book equity 595.5k NOK → 554.7k NOK (equity ratio 38.1% → 33.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.68m NOK → 2.70m NOK (79% → 75% of revenue). Calculated