ADVOKATFIRMAET BERG AS: årsregnskap 2018 vs 2017
Grew 615% on revenue
approved 2019-04-30; registry 2019-05-04; journal 2019 328545
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET BERG AS. Revenue 119.5k NOK → 853.8k NOK (+614.6%). Net result +18.3k NOK → +10.2k NOK. Equity 42.8k NOK → 53.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 119.5k NOK to 853.8k NOK (+614.6% YoY). Calculated
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↑
Equity strengthened
Book equity 42.8k NOK → 53.0k NOK (equity ratio 24.1% → 9.6%). Calculated
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↑
Cash rose
Bank deposits 32.2k NOK → 460.6k NOK (+1328.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +22.3k NOK → +12.4k NOK (op. margin 18.7% → 1.4%). Calculated
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↓
Net result weakened
Net result +18.3k NOK → +10.2k NOK (net margin 15.3% → 1.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 105 NOK → 1.17m NOK (3% → 138% of revenue). Calculated