FirmaIQ
Org.nr 911 943 328 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET BAADSTØ AS: årsregnskap 2018 vs 2017

Grew 25% on revenue, weaker earnings

approved 2019-04-01; registry 2019-04-30; journal 2019 319178

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET BAADSTØ AS. Revenue 3.41m NOK → 4.25m NOK (+24.8%). Net result +639.4k NOK → +218.5k NOK. Equity 1.80m NOK → 2.02m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAADSTØ AS.

At a glance

Scorecard

Revenue
3.41m NOK 4.25m NOK
+24.8%
Operating result
+839.1k NOK +283.4k NOK
-66.2%
Net result
+639.4k NOK +218.5k NOK
-65.8%
Equity
1.80m NOK 2.02m NOK
+12.1%
Cash
982.6k NOK 8.72m NOK
+787.0%
Total assets
2.41m NOK 2.75m NOK
+13.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.41m NOK to 4.25m NOK (+24.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.80m NOK → 2.02m NOK (equity ratio 74.7% → 73.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 982.6k NOK → 8.72m NOK (+787.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.18× → 2.84×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +839.1k NOK → +283.4k NOK (op. margin 24.6% → 6.7%). Calculated

  • ↓

    Net result weakened

    Net result +639.4k NOK → +218.5k NOK (net margin 18.8% → 5.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 271.6k NOK → 282.5k NOK (+4.0% YoY). Calculated