Org.nr 997 015 487 2017 → 2018 Year-over-year analysis

ADVOKATHUSET KRISTIANSUND AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-06-28; registry 2019-07-06; journal 2019 629671

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATHUSET KRISTIANSUND AS. Revenue 994.8k NOK → 979.4k NOK (-1.6%). Equity 381.6k NOK → 226.6k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

994.8k NOK 979.4k NOK

-1.6%

Equity

381.6k NOK 226.6k NOK

-40.6%

Cash

108.3k NOK 18.7k NOK

-82.7%

Total assets

575.5k NOK 436.2k NOK

-24.2%

↓
Revenue fell

Operating income / revenue moved from 994.8k NOK to 979.4k NOK (-1.6% YoY). Calculated
↓
Equity eroded

Book equity 381.6k NOK → 226.6k NOK (equity ratio 66.3% → 51.9%). Calculated
↓
Cash fell

Bank deposits 108.3k NOK → 18.7k NOK (-82.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.20× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 563.6k NOK → 605.9k NOK (57% → 62% of revenue). Calculated