FirmaIQ
Org.nr 991 099 751 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET HASLE AS: årsregnskap 2018 vs 2017

Shrank 26% on revenue, stronger earnings

approved 2019-04-26; registry 2019-04-30; journal 2019 320499

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HASLE AS. Revenue 4.55m NOK → 3.37m NOK (-25.9%). Net result +16.9k NOK → +278.3k NOK. Equity -146.8k NOK → 131.5k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
4.55m NOK 3.37m NOK
-25.9%
Operating result
+34.9k NOK n/m
—
Net result
+16.9k NOK +278.3k NOK
+1550.6%
Equity
-146.8k NOK 131.5k NOK
+189.6%
Cash
69.6k NOK 1.05m NOK
+1414.3%
Total assets
403.3k NOK 700.4k NOK
+73.7%

What improved

  • ↑

    Net result improved

    Net result +16.9k NOK → +278.3k NOK (net margin 0.4% → 8.2%). Calculated

  • ↑

    Equity strengthened

    Book equity -146.8k NOK → 131.5k NOK (equity ratio -36.4% → 18.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 69.6k NOK → 1.05m NOK (+1414.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.58× → 1.22×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.65m NOK → 1.59m NOK (58% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.55m NOK to 3.37m NOK (-25.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 595 NOK → 900.6k NOK (+151260.5% YoY). Calculated