Org.nr 982 791 553 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2018 vs 2017

Shrank 35% on revenue, cash halved-plus

approved 2019-04-26; registry 2019-04-30; journal 2019 319124

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 2.07m NOK → 1.34m NOK (-35.1%). Equity 305.4k NOK → 490.5k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.

Scorecard

Revenue
2.07m NOK 1.34m NOK
-35.1%
Net result
n/m +185.1k NOK
—
Equity
305.4k NOK 490.5k NOK
+60.6%
Cash
2.22m NOK 642.8k NOK
-71.1%
Total assets
5.00m NOK 2.36m NOK
-52.7%

What improved

  • ↑

    Equity strengthened

    Book equity 305.4k NOK → 490.5k NOK (equity ratio 6.1% → 20.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.07m NOK to 1.34m NOK (-35.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.22m NOK → 642.8k NOK (-71.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.22m NOK → 642.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 40.6k NOK → 3 080 NOK (-92.4% YoY). Calculated