Org.nr 916 804 857 2017 → 2018 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
2.74m NOK 3.36m NOK
+22.7%
Operating result
+166.7k NOK +48.0k NOK
-71.2%
Net result
+114.4k NOK +26.5k NOK
-76.9%
Equity
397.9k NOK 424.3k NOK
+6.7%
Cash
180.1k NOK 86.6k NOK
-51.9%
Total assets
1.33m NOK 1.76m NOK
+32.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.74m NOK to 3.36m NOK (+22.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 397.9k NOK → 424.3k NOK (equity ratio 29.9% → 24.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +166.7k NOK → +48.0k NOK (op. margin 6.1% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +114.4k NOK → +26.5k NOK (net margin 4.2% → 0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 180.1k NOK → 86.6k NOK (-51.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4 900 NOK → 38.7k NOK (+689.2% YoY). Calculated