FirmaIQ
Org.nr 998 755 956 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET HOEL WOLLBRÅTEN AS: årsregnskap 2018 vs 2017

Returned to profit

approved 2019-04-03; registry 2019-04-27; journal 2019 310868

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HOEL WOLLBRÅTEN AS. Revenue 1.81m NOK → 1.76m NOK (-2.7%). Net result -9 798 NOK → +90.2k NOK. Equity 142.1k NOK → 155.3k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOEL WOLLBRÅTEN AS.

At a glance

Scorecard

Revenue
1.81m NOK 1.76m NOK
-2.7%
Operating result
+3 299 NOK n/m
—
Net result
-9 798 NOK +90.2k NOK
+1020.2%
Equity
142.1k NOK 155.3k NOK
+9.3%
Cash
401.8k NOK 547.0k NOK
+36.1%
Total assets
114.0k NOK 1.30m NOK
+1036.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 9 798 NOK to a profit of 90.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 142.1k NOK → 155.3k NOK (equity ratio 124.7% → 12.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 401.8k NOK → 547.0k NOK (+36.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 1.76m NOK (-2.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -707.5k NOK → 475.5k NOK (-39% → 27% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.7k NOK → 17.7k NOK (-44.1% YoY). Calculated