Org.nr 916 823 339 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET LEXIS AS: årsregnskap 2018 vs 2017

Grew 119% on revenue

approved 2019-04-30; registry 2019-05-04; journal 2019 330863

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET LEXIS AS. Revenue 2.98m NOK → 6.54m NOK (+119.0%). Equity 741.6k NOK → 847.1k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEXIS AS.

At a glance

Revenue

2.98m NOK 6.54m NOK

+119.0%

Operating result

n/m +1.36m NOK

—

Net result

n/m +1.11m NOK

—

Equity

741.6k NOK 847.1k NOK

+14.2%

Cash

368.5k NOK 743.8k NOK

+101.9%

Total assets

1.24m NOK 2.82m NOK

+127.5%

↑
Revenue rose

Operating income / revenue moved from 2.98m NOK to 6.54m NOK (+119.0% YoY). Calculated
↑
Equity strengthened

Book equity 741.6k NOK → 847.1k NOK (equity ratio 59.8% → 30.0%). Calculated
↑
Cash rose

Bank deposits 368.5k NOK → 743.8k NOK (+101.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.74× → 2.79×. Calculated

·
Payroll increased

Salary cost 83.3k NOK → 843.7k NOK (3% → 13% of revenue). Calculated
·
COGS moved

COGS / varekostnad 14.8k NOK → 399.6k NOK (+2596.8% YoY). Calculated