Org.nr 912 121 585 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET LINDSTRØM AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue, weaker earnings

approved 2019-03-31; registry 2019-04-03; journal 2019 270658

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET LINDSTRØM AS. Revenue 1.81m NOK → 1.61m NOK (-11.3%). Net result +151.4k NOK → +3 684 NOK. Equity 654.3k NOK → 650.6k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.81m NOK 1.61m NOK
-11.3%
Operating result
+199.0k NOK +3 523 NOK
-98.2%
Net result
+151.4k NOK +3 684 NOK
-97.6%
Equity
654.3k NOK 650.6k NOK
-0.6%
Cash
232.2k NOK 380.6k NOK
+63.9%
Total assets
n/m 1.04m NOK
—

What improved

  • ↑

    Cash rose

    Bank deposits 232.2k NOK → 380.6k NOK (+63.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.22m NOK → 1.15m NOK (68% → 72% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 1.61m NOK (-11.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +199.0k NOK → +3 523 NOK (op. margin 11.0% → 0.2%). Calculated

  • ↓

    Net result weakened

    Net result +151.4k NOK → +3 684 NOK (net margin 8.4% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 654.3k NOK → 650.6k NOK. Calculated