ADVOKATHUSET JUST AS: årsregnskap 2018 vs 2017
Shrank 81% on revenue, returned to profit
approved 2019-04-09; registry 2019-04-24; journal 2019 286030
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATHUSET JUST AS. Revenue 1.91m NOK → 361.9k NOK (-81.0%). Net result -31.9k NOK → +2 893 NOK. Equity 114.5k NOK → 117.4k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 31.9k NOK to a profit of 2 893 NOK. Calculated
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↑
Equity strengthened
Book equity 114.5k NOK → 117.4k NOK (equity ratio 29.0% → 32.3%). Calculated
-
↑
Cash rose
Bank deposits 34.3k NOK → 72.3k NOK (+110.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.91m NOK to 361.9k NOK (-81.0% YoY). Calculated
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↓
Operating result weakened
Operating result +31.8k NOK → +3 449 NOK (op. margin 1.7% → 1.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 813.6k NOK → 1.18m NOK (43% → 327% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 6 155 NOK → 15.0k NOK (+143.0% YoY). Calculated