ADVOKATFIRMAET BRINDEM AS: årsregnskap 2018 vs 2017
Shrank 36% on revenue, returned to profit
approved 2019-04-29; registry 2019-05-04; journal 2019 327353
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET BRINDEM AS. Revenue 2.24m NOK → 1.42m NOK (-36.4%). Net result -315.3k NOK → +126.0k NOK. Equity -108.9k NOK → 17.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -306.3k NOK → +154.9k NOK (op. margin -13.7% → 10.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 315.3k NOK to a profit of 126.0k NOK. Calculated
-
↑
Equity strengthened
Book equity -108.9k NOK → 17.1k NOK (equity ratio -10.6% → 3.2%). Calculated
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↑
Cash rose
Bank deposits 146.6k NOK → 150.0k NOK (+2.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.62m NOK → 425.8k NOK (72% → 30% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.24m NOK to 1.42m NOK (-36.4% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 4 259 NOK → 14.5k NOK (+239.3% YoY). Calculated