ADVOKATFIRMAET KOPSTAD AS: årsregnskap 2018 vs 2017
Shrank 37% on revenue, weaker earnings
approved 2019-04-27; registry 2019-04-30; journal 2019 320331
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET KOPSTAD AS. Revenue 6.80m NOK → 4.26m NOK (-37.3%). Net result +737.6k NOK → +43.3k NOK. Equity 675.6k NOK → 918.9k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 675.6k NOK → 918.9k NOK (equity ratio 20.8% → 52.4%). Calculated
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↑
Cash rose
Bank deposits 58.8k NOK → 333.5k NOK (+467.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 4.64m NOK → 3.20m NOK (68% → 75% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.80m NOK to 4.26m NOK (-37.3% YoY). Calculated
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↓
Operating result weakened
Operating result +969.6k NOK → +58.8k NOK (op. margin 14.3% → 1.4%). Calculated
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↓
Net result weakened
Net result +737.6k NOK → +43.3k NOK (net margin 10.8% → 1.0%). Calculated