FirmaIQ
Org.nr 817 896 782 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET HEIN BÆRA AS: årsregnskap 2018 vs 2017

Grew 240% on revenue, weaker earnings

approved 2019-04-30; registry 2019-05-04; journal 2019 330529

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HEIN BÆRA AS. Revenue 778.1k NOK → 2.64m NOK (+239.8%). Net result +320.4k NOK → +851 NOK. Equity 11.67m NOK → 10.97m NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
778.1k NOK 2.64m NOK
+239.8%
Operating result
+416.2k NOK +393.8k NOK
-5.4%
Net result
+320.4k NOK +851 NOK
-99.7%
Equity
11.67m NOK 10.97m NOK
-6.0%
Cash
885.1k NOK 785.9k NOK
-11.2%
Total assets
1 176 NOK 1.41m NOK
+119425.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 778.1k NOK to 2.64m NOK (+239.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.79×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +416.2k NOK → +393.8k NOK (op. margin 53.5% → 14.9%). Calculated

  • ↓

    Net result weakened

    Net result +320.4k NOK → +851 NOK (net margin 41.2% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 11.67m NOK → 10.97m NOK (equity ratio 991993.1% → 780.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 885.1k NOK → 785.9k NOK (-11.2% YoY). Calculated