FirmaIQ
Org.nr 984 071 329 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2018 vs 2017

Shrank 25% on revenue, weaker earnings, cash halved-plus

approved 2019-03-25; registry 2019-04-16; journal 2019 288801

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET RØED AS. Revenue 2.33m NOK → 1.75m NOK (-24.9%). Net result -115.5k NOK → -519.9k NOK. Equity 1.04m NOK → 6.52m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.33m NOK 1.75m NOK
-24.9%
Operating result
-148.0k NOK -520.2k NOK
-251.4%
Net result
-115.5k NOK -519.9k NOK
-350.1%
Equity
1.04m NOK 6.52m NOK
+525.4%
Cash
611.8k NOK 212.6k NOK
-65.3%
Total assets
1.59m NOK 868.4k NOK
-45.5%

What improved

  • ↑

    Equity strengthened

    Book equity 1.04m NOK → 6.52m NOK (equity ratio 65.5% → 751.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.70m NOK → 1.43m NOK (73% → 82% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.33m NOK to 1.75m NOK (-24.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -148.0k NOK → -520.2k NOK (op. margin -6.4% → -29.8%). Calculated

  • ↓

    Net result weakened

    Net result -115.5k NOK → -519.9k NOK (net margin -5.0% → -29.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 611.8k NOK → 212.6k NOK (-65.3% YoY). Calculated