ADVOKATFIRMAET SELMER AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, stronger earnings
approved 2019-02-28; registry 2019-05-04; journal 2019 326887
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SELMER AS. Revenue 127.7k NOK → 440 NOK (-99.7%). Net result +569 NOK → +169.9k NOK. Equity 0 NOK → 960.0k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET SELMER AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +569 NOK → +169.9k NOK (net margin 0.4% → 38607.0%). Calculated
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Equity strengthened
Book equity 0 NOK → 960.0k NOK. Calculated
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Cash rose
Bank deposits 779 NOK → 56.9k NOK (+7204.2% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 127.7k NOK to 440 NOK (-99.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 546 NOK → 193.8k NOK (0% → 44056% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation