Org.nr 866 230 552 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET KLOMSÆT & CO AS: årsregnskap 2018 vs 2017

Shrank 19% on revenue

approved 2019-04-24; registry 2019-04-29; journal 2019 312328

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET KLOMSÆT & CO AS. Revenue 5.88m NOK → 4.77m NOK (-18.9%). Equity 862.8k NOK → 569.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET KLOMSÆT & CO AS.

At a glance

Revenue

5.88m NOK 4.77m NOK

-18.9%

Operating result

+590.1k NOK +126.2k NOK

-78.6%

Equity

862.8k NOK 569.9k NOK

-33.9%

Cash

1.04m NOK 773.8k NOK

-25.6%

Total assets

1.71m NOK 927.4k NOK

-45.9%

↑
Payroll decreased

Salary cost 2.86m NOK → 2.15m NOK (49% → 45% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.88m NOK to 4.77m NOK (-18.9% YoY). Calculated
↓
Operating result weakened

Operating result +590.1k NOK → +126.2k NOK (op. margin 10.0% → 2.6%). Calculated
↓
Equity eroded

Book equity 862.8k NOK → 569.9k NOK (equity ratio 50.3% → 61.5%). Calculated
↓
Cash fell

Bank deposits 1.04m NOK → 773.8k NOK (-25.6% YoY). Calculated
↓
COGS moved

COGS / varekostnad 1.51m NOK → 1.87m NOK (+24.1% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 500.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation