FirmaIQ
Org.nr 998 547 210 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET HORNELAND AS: årsregnskap 2018 vs 2017

Shrank 72% on revenue

approved 2019-04-30; registry 2019-06-05; journal 2019 377498

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HORNELAND AS. Revenue 844.6k NOK → 235.0k NOK (-72.2%). Equity -59.8k NOK → 111.4k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
844.6k NOK 235.0k NOK
-72.2%
Operating result
-221.7k NOK +169.7k NOK
+176.5%
Equity
-59.8k NOK 111.4k NOK
+286.3%
Cash
149.9k NOK 316.8k NOK
+111.3%
Total assets
193.4k NOK 316.8k NOK
+63.8%

What improved

  • ↑

    Operating result improved

    Operating result -221.7k NOK → +169.7k NOK (op. margin -26.3% → 72.2%). Calculated

  • ↑

    Equity strengthened

    Book equity -59.8k NOK → 111.4k NOK (equity ratio -30.9% → 35.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 149.9k NOK → 316.8k NOK (+111.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.76× → 1.54×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 844.6k NOK to 235.0k NOK (-72.2% YoY). Calculated