FirmaIQ
Org.nr 916 619 898 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET VIKSE AS: årsregnskap 2018 vs 2017

Grew 324% on revenue, stronger earnings

approved 2019-01-28; registry 2019-01-30; journal 2019 204160

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET VIKSE AS. Revenue 422.6k NOK → 1.79m NOK (+324.0%). Net result +282.8k NOK → +379.7k NOK. Equity 30.4k NOK → 30.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET VIKSE AS.

At a glance

Scorecard

Revenue
422.6k NOK 1.79m NOK
+324.0%
Operating result
+370.7k NOK +493.0k NOK
+33.0%
Net result
+282.8k NOK +379.7k NOK
+34.3%
Equity
30.4k NOK 30.1k NOK
-1.0%
Cash
34.0k NOK 127.3k NOK
+274.5%
Total assets
10.3k NOK 839.2k NOK
+8025.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 422.6k NOK to 1.79m NOK (+324.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +370.7k NOK → +493.0k NOK (op. margin 87.7% → 27.5%). Calculated

  • ↑

    Net result improved

    Net result +282.8k NOK → +379.7k NOK (net margin 66.9% → 21.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 34.0k NOK → 127.3k NOK (+274.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 1.03×. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 543.9k NOK → 771.4k NOK (129% → 43% of revenue). Calculated