FirmaIQ
Org.nr 915 108 814 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET RETTIDIG AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, weaker earnings

approved 2019-04-30; registry 2019-07-01; journal 2019 629371

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET RETTIDIG AS. Revenue 195 NOK → 0 NOK (-100.0%). Net result +63.6k NOK → +50.3k NOK. Equity -9 072 NOK → -59.4k NOK.

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

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

At a glance

Scorecard

Revenue
195 NOK 0 NOK
-100.0%
Operating result
+63.7k NOK +49.9k NOK
-21.6%
Net result
+63.6k NOK +50.3k NOK
-20.9%
Equity
-9 072 NOK -59.4k NOK
-554.9%
Cash
2 196 NOK 7 203 NOK
+228.0%
Total assets
28.0k NOK 7 203 NOK
-74.2%

What improved

  • ↑

    Cash rose

    Bank deposits 2 196 NOK → 7 203 NOK (+228.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 195 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +63.7k NOK → +49.9k NOK. Calculated

  • ↓

    Net result weakened

    Net result +63.6k NOK → +50.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -9 072 NOK → -59.4k NOK (equity ratio -32.4% → -824.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -824.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation