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
Summary
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.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 305.4k NOK → 490.5k NOK (equity ratio 6.1% → 20.7%). Calculated
What deteriorated
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↓
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
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·
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
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·
COGS fell
COGS / varekostnad 40.6k NOK → 3 080 NOK (-92.4% YoY). Calculated