ADVOKATFIRMAET JOHANNESSEN AS: årsregnskap 2018 vs 2017
Shrank 31% on revenue, stronger earnings
approved 2019-04-30; registry 2019-05-04; journal 2019 327865
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET JOHANNESSEN AS. Revenue 721.2k NOK → 497.9k NOK (-31.0%). Net result +84.4k NOK → +195.2k NOK. Equity 184.4k NOK → 379.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +108.3k NOK → +247.4k NOK (op. margin 15.0% → 49.7%). Calculated
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↑
Net result improved
Net result +84.4k NOK → +195.2k NOK (net margin 11.7% → 39.2%). Calculated
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↑
Equity strengthened
Book equity 184.4k NOK → 379.6k NOK (equity ratio 13.1% → 21.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 721.2k NOK to 497.9k NOK (-31.0% YoY). Calculated
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↓
Cash fell
Bank deposits 810.1k NOK → 738.7k NOK (-8.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 516 NOK → 1.73m NOK (0% → 348% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 11.0k NOK → 51.5k NOK (+368.9% YoY). Calculated