ADVOKATKOLLEGIUM AS: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-03-29; registry 2019-04-09; journal 2019 271940
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATKOLLEGIUM AS. Revenue 3.02m NOK → 3.10m NOK (+2.6%). Net result -85.3k NOK → +23.9k NOK. Equity -84.4k NOK → -60.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATKOLLEGIUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.02m NOK to 3.10m NOK (+2.6% YoY). Calculated
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↑
Operating result improved
Operating result -85.4k NOK → +23.8k NOK (op. margin -2.8% → 0.8%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 85.3k NOK to a profit of 23.9k NOK. Calculated
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↑
Equity strengthened
Book equity -84.4k NOK → -60.5k NOK (equity ratio -30.2% → -18.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.77× → 842.32×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 206.8k NOK → 176.4k NOK (-14.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.89m NOK → 1.99m NOK (63% → 64% of revenue). Calculated