FirmaIQ
Org.nr 912 064 735 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET SKRÅNING AS: årsregnskap 2018 vs 2017

Shrank 35% on revenue, slipped into loss, cash halved-plus

approved 2019-04-30; registry 2019-05-04; journal 2019 329203

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SKRÅNING AS. Revenue 432.8k NOK → 282.2k NOK (-34.8%). Net result +58.6k NOK → -66.9k NOK. Equity 7.13m NOK → 62.4k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
432.8k NOK 282.2k NOK
-34.8%
Operating result
+77.1k NOK -66.8k NOK
-186.7%
Net result
+58.6k NOK -66.9k NOK
-214.1%
Equity
7.13m NOK 62.4k NOK
-99.1%
Cash
31.1k NOK 1 041 NOK
-96.7%
Total assets
263.7k NOK 152.7k NOK
-42.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 432.8k NOK to 282.2k NOK (-34.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +77.1k NOK → -66.8k NOK (op. margin 17.8% → -23.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 58.6k NOK profit to a loss of 66.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7.13m NOK → 62.4k NOK (equity ratio 2703.9% → 40.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.1k NOK → 1 041 NOK (-96.7% YoY). Calculated