FirmaIQ
Org.nr 979 693 877 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-01-09; registry 2019-02-25; journal 2019 215865

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS. Revenue 6.44m NOK → 6.31m NOK (-2.0%). Equity 923.1k NOK → 4 541 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS.

At a glance

Scorecard

Revenue
6.44m NOK 6.31m NOK
-2.0%
Equity
923.1k NOK 4 541 NOK
-99.5%
Cash
3.08m NOK 2.75m NOK
-10.7%
Total assets
5.19m NOK 4.78m NOK
-8.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.44m NOK to 6.31m NOK (-2.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 923.1k NOK → 4 541 NOK (equity ratio 17.8% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.08m NOK → 2.75m NOK (-10.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.39m NOK → 2.57m NOK (37% → 41% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation