ADVOKATFIRMAET ERIKSEN AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-04-05; registry 2019-05-02; journal 2019 322355
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET ERIKSEN AS. Revenue 5.80m NOK → 5.97m NOK (+3.0%). Equity 1.02m NOK → 1.30m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ERIKSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.80m NOK to 5.97m NOK (+3.0% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.02m NOK → 1.30m NOK (equity ratio 44.5% → 51.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 844.0k NOK → 762.4k NOK (-9.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.39m NOK → 3.45m NOK (59% → 58% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 155.0k NOK → 135.3k NOK (-12.7% YoY). Calculated