FirmaIQ
Org.nr 986 552 073 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET SGB AS: årsregnskap 2018 vs 2017

Grew 13% on revenue, cash halved-plus, fresh owner capital

approved 2019-03-28; registry 2019-04-04; journal 2019 271260

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SGB AS. Revenue 25.86m NOK → 29.14m NOK (+12.7%). Net result +8.82m NOK → +9.21m NOK. Equity 3.81m NOK → 4.98m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SGB AS.

At a glance

Scorecard

Revenue
25.86m NOK 29.14m NOK
+12.7%
Operating result
+873.0k NOK +9.33m NOK
+968.9%
Net result
+8.82m NOK +9.21m NOK
+4.4%
Equity
3.81m NOK 4.98m NOK
+30.6%
Cash
695.7k NOK 64.8k NOK
-90.7%
Total assets
6.13m NOK 8.97m NOK
+46.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.86m NOK to 29.14m NOK (+12.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +873.0k NOK → +9.33m NOK (op. margin 3.4% → 32.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.81m NOK → 4.98m NOK (equity ratio 62.2% → 55.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.69m NOK → 4.70m NOK (+1.02m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 695.7k NOK → 64.8k NOK (-90.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.77m NOK → 13.30m NOK (46% → 46% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 103.5k NOK → 3 400 NOK (-96.7% YoY). Calculated