FirmaIQ
Org.nr 985 851 514 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS: årsregnskap 2018 vs 2017

Grew 14% on revenue

approved 2019-04-11; registry 2019-04-29; journal 2019 315606

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS. Revenue 54.32m NOK → 61.87m NOK (+13.9%). Equity 305.9k NOK → 306.5k NOK.

On the constructive side: revenue rose; operating result improved; cash rose.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS.

At a glance

Scorecard

Revenue
54.32m NOK 61.87m NOK
+13.9%
Operating result
+29.01m NOK +33.78m NOK
+16.4%
Net result
n/m +553.9k NOK
—
Equity
305.9k NOK 306.5k NOK
+0.2%
Cash
5.58m NOK 6.31m NOK
+13.1%
Total assets
26.33m NOK 28.02m NOK
+6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 54.32m NOK to 61.87m NOK (+13.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +29.01m NOK → +33.78m NOK (op. margin 53.4% → 54.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.58m NOK → 6.31m NOK (+13.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 13.81m NOK → 14.89m NOK (25% → 24% of revenue). Calculated