FirmaIQ
Org.nr 971 510 684 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2018 vs 2017

Shrank 18% on revenue, weaker earnings, cash halved-plus

approved 2019-04-25; registry 2019-04-29; journal 2019 316370

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 10.49m NOK → 8.57m NOK (-18.3%). Net result +815.3k NOK → +2 507 NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMAET PEDERSEN, REIER & CO AS.

At a glance

Scorecard

Revenue
10.49m NOK 8.57m NOK
-18.3%
Operating result
+1.75m NOK +9 944 NOK
-99.4%
Net result
+815.3k NOK +2 507 NOK
-99.7%
Equity
n/m 1.12m NOK
—
Cash
4.38m NOK 1.23m NOK
-71.9%
Total assets
7.45m NOK 3.76m NOK
-49.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 550 NOK → 550.0k NOK (+549.5k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 6.53m NOK → 6.41m NOK (62% → 75% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.49m NOK to 8.57m NOK (-18.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.75m NOK → +9 944 NOK (op. margin 16.7% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +815.3k NOK → +2 507 NOK (net margin 7.8% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.38m NOK → 1.23m NOK (-71.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.38m NOK → 1.23m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation