FirmaIQ
Org.nr 990 625 972 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET BERNGAARD AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue, cash halved-plus

approved 2019-03-16; registry 2019-04-04; journal 2019 270968

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET BERNGAARD AS. Revenue 30.59m NOK → 27.18m NOK (-11.2%). Equity 4.76m NOK → 3.91m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERNGAARD AS.

At a glance

Scorecard

Revenue
30.59m NOK 27.18m NOK
-11.2%
Equity
4.76m NOK 3.91m NOK
-17.8%
Cash
4.88m NOK 2.28m NOK
-53.2%
Total assets
12.30m NOK 9.64m NOK
-21.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 20.22m NOK → 17.92m NOK (66% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.59m NOK to 27.18m NOK (-11.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 4.76m NOK → 3.91m NOK (equity ratio 38.7% → 40.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.88m NOK → 2.28m NOK (-53.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 132.0k NOK → 165 NOK — check capital reduction, conversion, or reclassification. Interpretation