Org.nr 919 280 700 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET ØIVIND ØSTBERG AS: årsregnskap 2018 vs 2017

Grew 236432% on revenue

approved 2019-05-03; registry 2019-05-06; journal 2019 341349

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET ØIVIND ØSTBERG AS. Revenue 1 230 NOK → 2.91m NOK (+236431.6%). Equity 9 597 NOK → 9 420 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØIVIND ØSTBERG AS.

At a glance

Revenue

1 230 NOK 2.91m NOK

+236431.6%

Operating result

-27.7k NOK +565.8k NOK

+2142.9%

Equity

9 597 NOK 9 420 NOK

-1.8%

Cash

139.3k NOK 707.5k NOK

+407.7%

Total assets

423.6k NOK 998.1k NOK

+135.6%

↑
Revenue rose

Operating income / revenue moved from 1 230 NOK to 2.91m NOK (+236431.6% YoY). Calculated
↑
Operating result improved

Operating result -27.7k NOK → +565.8k NOK (op. margin -2251.8% → 19.4%). Calculated
↑
Cash rose

Bank deposits 139.3k NOK → 707.5k NOK (+407.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation