FirmaIQ
Org.nr 992 833 424 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET HALVORSEN & CO AS: årsregnskap 2018 vs 2017

Grew 14% on revenue, returned to profit

approved 2019-02-06; registry 2019-02-11; journal 2019 207466

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HALVORSEN & CO AS. Revenue 25.32m NOK → 28.90m NOK (+14.1%). Net result -19.6k NOK → +2.21m NOK. Equity 2.69m NOK → 4.91m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
25.32m NOK 28.90m NOK
+14.1%
Operating result
+289.1k NOK +207.3k NOK
-28.3%
Net result
-19.6k NOK +2.21m NOK
+11384.2%
Equity
2.69m NOK 4.91m NOK
+82.2%
Cash
1.49m NOK 1.12m NOK
-24.4%
Total assets
13.65m NOK 16.16m NOK
+18.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.32m NOK to 28.90m NOK (+14.1% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 19.6k NOK to a profit of 2.21m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.69m NOK → 4.91m NOK (equity ratio 19.7% → 30.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 18.57m NOK → 18.03m NOK (73% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +289.1k NOK → +207.3k NOK (op. margin 1.1% → 0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.49m NOK → 1.12m NOK (-24.4% YoY). Calculated