FirmaIQ
Org.nr 914 388 546 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET LÖVENÖRN AS: årsregnskap 2018 vs 2017

Grew 700% on revenue, stronger earnings

approved 2019-06-30; registry 2019-07-09; journal 2019 644551

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET LÖVENÖRN AS. Revenue 75.7k NOK → 605.9k NOK (+700.1%). Net result +39.8k NOK → +62.0k NOK. Equity 436.6k NOK → 498.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÖVENÖRN AS.

At a glance

Scorecard

Revenue
75.7k NOK 605.9k NOK
+700.1%
Operating result
+56.1k NOK +74.6k NOK
+33.1%
Net result
+39.8k NOK +62.0k NOK
+55.9%
Equity
436.6k NOK 498.7k NOK
+14.2%
Cash
161.3k NOK 335.2k NOK
+107.8%
Total assets
688.0k NOK 947.4k NOK
+37.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 75.7k NOK to 605.9k NOK (+700.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +56.1k NOK → +74.6k NOK (op. margin 74.0% → 12.3%). Calculated

  • ↑

    Net result improved

    Net result +39.8k NOK → +62.0k NOK (net margin 52.5% → 10.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 436.6k NOK → 498.7k NOK (equity ratio 63.5% → 52.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 161.3k NOK → 335.2k NOK (+107.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 38.8k NOK → 41.9k NOK. Reported fact