FirmaIQ
Org.nr 989 258 699 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET SYLTE AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-04-29; registry 2019-05-04; journal 2019 330457

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SYLTE AS. Revenue 21.13m NOK → 20.61m NOK (-2.5%). Equity 13.21m NOK → 14.39m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SYLTE AS.

At a glance

Scorecard

Revenue
21.13m NOK 20.61m NOK
-2.5%
Equity
13.21m NOK 14.39m NOK
+9.0%
Cash
7.79m NOK 3.08m NOK
-60.4%
Total assets
23.29m NOK 23.98m NOK
+3.0%

What improved

  • ↑

    Equity strengthened

    Book equity 13.21m NOK → 14.39m NOK (equity ratio 56.7% → 60.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.81m NOK → 10.54m NOK (56% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.13m NOK to 20.61m NOK (-2.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 7.79m NOK → 3.08m NOK (-60.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.79m NOK → 3.08m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 290 NOK → 3 647 NOK. Reported fact