FirmaIQ
Org.nr 987 665 440 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET SALOMON JOHANSEN AS: årsregnskap 2018 vs 2017

Grew 13% on revenue, returned to profit

approved 2019-04-26; registry 2019-05-02; journal 2019 324961

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SALOMON JOHANSEN AS. Revenue 27.57m NOK → 31.05m NOK (+12.6%). Net result -426.7k NOK → +166.7k NOK. Equity 6.29m NOK → 5.46m NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
27.57m NOK 31.05m NOK
+12.6%
Net result
-426.7k NOK +166.7k NOK
+139.1%
Equity
6.29m NOK 5.46m NOK
-13.2%
Cash
3.03m NOK 3.39m NOK
+11.9%
Total assets
18.34m NOK 18.16m NOK
-1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.57m NOK to 31.05m NOK (+12.6% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 426.7k NOK to a profit of 166.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 3.03m NOK → 3.39m NOK (+11.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.29m NOK → 5.46m NOK (equity ratio 34.3% → 30.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 20.20m NOK → 21.65m NOK (73% → 70% of revenue). Calculated