ADVOKATFIRMAET DINGSTAD-ERIKSEN AS: årsregnskap 2018 vs 2017
Shrank 24% on revenue
approved 2019-04-29; registry 2019-05-02; journal 2019 324675
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET DINGSTAD-ERIKSEN AS. Revenue 863.4k NOK → 659.8k NOK (-23.6%). Equity 27.9k NOK → 8 031 NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET DINGSTAD-ERIKSEN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 658.8k NOK → 524.6k NOK (76% → 80% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 863.4k NOK to 659.8k NOK (-23.6% YoY). Calculated
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↓
Operating result weakened
Operating result +561 NOK → -19.9k NOK (op. margin 0.1% → -3.0%). Calculated
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↓
Equity eroded
Book equity 27.9k NOK → 8 031 NOK (equity ratio 14.0% → 4.1%). Calculated
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↓
Cash fell
Bank deposits 164.0k NOK → 93.3k NOK (-43.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation