FirmaIQ
Org.nr 984 430 361 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET WOLD AS: årsregnskap 2018 vs 2017

Grew 7% on revenue, stronger earnings

approved 2019-04-15; registry 2019-04-25; journal 2019 304746

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET WOLD AS. Revenue 6.66m NOK → 7.12m NOK (+6.9%). Net result +713.8k NOK → +950.7k NOK. Equity 1.24m NOK → 1.49m NOK.

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

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

At a glance

Scorecard

Revenue
6.66m NOK 7.12m NOK
+6.9%
Operating result
+955.8k NOK +235.2k NOK
-75.4%
Net result
+713.8k NOK +950.7k NOK
+33.2%
Equity
1.24m NOK 1.49m NOK
+20.3%
Cash
855.3k NOK 704.3k NOK
-17.7%
Total assets
3.93m NOK 4.23m NOK
+7.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.66m NOK to 7.12m NOK (+6.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +713.8k NOK → +950.7k NOK (net margin 10.7% → 13.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.24m NOK → 1.49m NOK (equity ratio 31.4% → 35.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +955.8k NOK → +235.2k NOK (op. margin 14.4% → 3.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 855.3k NOK → 704.3k NOK (-17.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.94m NOK → 4.31m NOK (59% → 61% of revenue). Calculated