FirmaIQ
Org.nr 980 612 546 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET ÅKE SJØBERG AS: årsregnskap 2018 vs 2017

Shrank 7% on revenue, cash halved-plus

approved 2019-04-30; registry 2019-05-04; journal 2019 330783

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET ÅKE SJØBERG AS. Revenue 3.16m NOK → 2.92m NOK (-7.5%). Net result +1.16m NOK → +1.22m NOK. Equity 5.10m NOK → 4.76m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ÅKE SJØBERG AS.

At a glance

Scorecard

Revenue
3.16m NOK 2.92m NOK
-7.5%
Operating result
+1.54m NOK +1.51m NOK
-1.9%
Net result
+1.16m NOK +1.22m NOK
+4.8%
Equity
5.10m NOK 4.76m NOK
-6.8%
Cash
576.8k NOK 217.1k NOK
-62.4%
Total assets
7.18m NOK 5.69m NOK
-20.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.16m NOK to 2.92m NOK (-7.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.54m NOK → +1.51m NOK (op. margin 48.9% → 51.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.10m NOK → 4.76m NOK (equity ratio 71.1% → 83.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 576.8k NOK → 217.1k NOK (-62.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 933.4k NOK → 941.7k NOK (30% → 32% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 353.3k NOK → 286.5k NOK (-18.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.64m NOK → 4.90m NOK. Reported fact