ADVOKATFIRMAET SPORSHEIM AS: årsregnskap 2018 vs 2017
Grew 23% on revenue, weaker earnings, cash halved-plus
approved 2019-03-28; registry 2019-04-01; journal 2019 267568
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SPORSHEIM AS. Revenue 2.74m NOK → 3.36m NOK (+22.7%). Net result +114.4k NOK → +26.5k NOK. Equity 397.9k NOK → 424.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET SPORSHEIM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.74m NOK to 3.36m NOK (+22.7% YoY). Calculated
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↑
Equity strengthened
Book equity 397.9k NOK → 424.3k NOK (equity ratio 29.9% → 24.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +166.7k NOK → +48.0k NOK (op. margin 6.1% → 1.4%). Calculated
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↓
Net result weakened
Net result +114.4k NOK → +26.5k NOK (net margin 4.2% → 0.8%). Calculated
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↓
Cash fell
Bank deposits 180.1k NOK → 86.6k NOK (-51.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4 900 NOK → 38.7k NOK (+689.2% YoY). Calculated