FirmaIQ
Org.nr 915 965 091 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET TORSTRUP AS: årsregnskap 2018 vs 2017

Grew 24% on revenue

approved 2019-03-28; registry 2019-04-08; journal 2019 274183

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET TORSTRUP AS. Revenue 26.85m NOK → 33.33m NOK (+24.1%). Net result +6.47m NOK → +6.18m NOK. Equity 455.0k NOK → 637.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET TORSTRUP AS.

At a glance

Scorecard

Revenue
26.85m NOK 33.33m NOK
+24.1%
Operating result
+8.64m NOK +8.18m NOK
-5.3%
Net result
+6.47m NOK +6.18m NOK
-4.4%
Equity
455.0k NOK 637.5k NOK
+40.1%
Cash
2.90m NOK 3.72m NOK
+28.1%
Total assets
14.57m NOK 16.18m NOK
+11.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.85m NOK to 33.33m NOK (+24.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 455.0k NOK → 637.5k NOK (equity ratio 3.1% → 3.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.90m NOK → 3.72m NOK (+28.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +8.64m NOK → +8.18m NOK (op. margin 32.2% → 24.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.21m NOK → 16.89m NOK (45% → 51% of revenue). Calculated