FirmaIQ
Org.nr 913 015 649 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET NYGAARD AS: årsregnskap 2018 vs 2017

Shrank 25% on revenue, weaker earnings

approved 2019-04-23; registry 2019-05-04; journal 2019 331881

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET NYGAARD AS. Revenue 2.13m NOK → 1.60m NOK (-25.2%). Net result +668.2k NOK → +273.5k NOK. Equity 1.68m NOK → 1.95m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET NYGAARD AS.

At a glance

Scorecard

Revenue
2.13m NOK 1.60m NOK
-25.2%
Net result
+668.2k NOK +273.5k NOK
-59.1%
Equity
1.68m NOK 1.95m NOK
+16.3%
Cash
1.89m NOK 1.74m NOK
-7.9%
Total assets
2.31m NOK 2.22m NOK
-4.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.68m NOK → 1.95m NOK (equity ratio 72.7% → 88.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.13m NOK to 1.60m NOK (-25.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +668.2k NOK → +273.5k NOK (net margin 31.3% → 17.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.89m NOK → 1.74m NOK (-7.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 814.8k NOK → 847.9k NOK (38% → 53% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 26.6k NOK → -3 610 NOK (-113.6% YoY). Calculated