Org.nr 987 597 348 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET ØRAKER AS: årsregnskap 2018 vs 2017

Grew 13% on revenue

approved 2019-02-27; registry 2019-03-25; journal 2019 252203

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET ØRAKER AS. Revenue 3.95m NOK → 4.48m NOK (+13.2%). Equity 656.3k NOK → 630.0k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØRAKER AS.

At a glance

Revenue

3.95m NOK 4.48m NOK

+13.2%

Operating result

+317.9k NOK +627.2k NOK

+97.3%

Net result

+241.1k NOK n/m

—

Equity

656.3k NOK 630.0k NOK

-4.0%

Cash

388.5k NOK 596.4k NOK

+53.5%

Total assets

1.79m NOK 2.12m NOK

+18.8%

↑
Revenue rose

Operating income / revenue moved from 3.95m NOK to 4.48m NOK (+13.2% YoY). Calculated
↑
Operating result improved

Operating result +317.9k NOK → +627.2k NOK (op. margin 8.0% → 14.0%). Calculated
↑
Cash rose

Bank deposits 388.5k NOK → 596.4k NOK (+53.5% YoY). Calculated

↓
Equity eroded

Book equity 656.3k NOK → 630.0k NOK (equity ratio 36.7% → 29.7%). Calculated

·
Payroll increased

Salary cost 2.86m NOK → 3.05m NOK (72% → 68% of revenue). Calculated