ADVOKATFIRMAET HVATTUM AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, cash halved-plus
approved 2019-03-21; registry 2019-03-25; journal 2019 250947
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HVATTUM AS. Revenue 976.6k NOK → 1 136 NOK (-99.9%). Net result +98.6k NOK → +109.1k NOK. Equity 967.8k NOK → 926.9k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Net result improved
Net result +98.6k NOK → +109.1k NOK (net margin 10.1% → 9600.8%). Calculated
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Payroll decreased
Salary cost 507.9k NOK → 487.9k NOK (52% → 42946% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 976.6k NOK to 1 136 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 967.8k NOK → 926.9k NOK (equity ratio 503.3% → 82.9%). Calculated
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↓
Cash fell
Bank deposits 44.4k NOK → 11.2k NOK (-74.9% YoY). Calculated