FirmaIQ
Org.nr 995 483 335 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET EUROJURIS HAUGESUND AS: årsregnskap 2018 vs 2017

Grew 7% on revenue, fresh owner capital

approved 2019-04-24; registry 2019-04-30; journal 2019 320303

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET EUROJURIS HAUGESUND AS. Revenue 28.77m NOK → 30.81m NOK (+7.1%). Net result +4.18m NOK → +4.66m NOK. Equity 2.80m NOK → 3.50m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET EUROJURIS HAUGESUND AS.

At a glance

Scorecard

Revenue
28.77m NOK 30.81m NOK
+7.1%
Operating result
+5.50m NOK +6.00m NOK
+9.1%
Net result
+4.18m NOK +4.66m NOK
+11.6%
Equity
2.80m NOK 3.50m NOK
+25.0%
Cash
1.90m NOK 2.87m NOK
+51.2%
Total assets
13.34m NOK 14.64m NOK
+9.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.77m NOK to 30.81m NOK (+7.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.50m NOK → +6.00m NOK (op. margin 19.1% → 19.5%). Calculated

  • ↑

    Net result improved

    Net result +4.18m NOK → +4.66m NOK (net margin 14.5% → 15.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.80m NOK → 3.50m NOK (equity ratio 21.0% → 23.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.90m NOK → 2.87m NOK (+51.2% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.22× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 17.93m NOK → 18.89m NOK (62% → 61% of revenue). Calculated