FirmaIQ
Org.nr 993 496 669 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET HVIDSTEN AS: årsregnskap 2018 vs 2017

Grew 7% on revenue, stronger earnings

approved 2019-03-25; registry 2019-03-28; journal 2019 258720

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HVIDSTEN AS. Revenue 1.56m NOK → 1.67m NOK (+7.0%). Net result +200 NOK → +423.7k NOK. Equity 974.7k NOK → 1 198 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET HVIDSTEN AS.

At a glance

Scorecard

Revenue
1.56m NOK 1.67m NOK
+7.0%
Operating result
+529.5k NOK +541.7k NOK
+2.3%
Net result
+200 NOK +423.7k NOK
+211744.5%
Equity
974.7k NOK 1 198 NOK
-99.9%
Cash
551.0k NOK 899.2k NOK
+63.2%
Total assets
1.41m NOK 1.67m NOK
+18.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.56m NOK to 1.67m NOK (+7.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +529.5k NOK → +541.7k NOK (op. margin 34.0% → 32.5%). Calculated

  • ↑

    Net result improved

    Net result +200 NOK → +423.7k NOK (net margin 0.0% → 25.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 551.0k NOK → 899.2k NOK (+63.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 974.7k NOK → 1 198 NOK (equity ratio 68.9% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation