ADVOKATKONTORET 101 AS: årsregnskap 2018 vs 2017
Grew 177% on revenue
approved 2019-04-29; registry 2019-05-02; journal 2019 325151
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATKONTORET 101 AS. Revenue 748.5k NOK → 2.07m NOK (+176.7%). Equity 616.4k NOK → 113.6k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATKONTORET 101 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 748.5k NOK to 2.07m NOK (+176.7% YoY). Calculated
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↑
Cash rose
Bank deposits 95.0k NOK → 612.8k NOK (+544.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.54× → 3.07×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 616.4k NOK → 113.6k NOK (equity ratio 124.9% → 6.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 545.2k NOK → 794.3k NOK (73% → 38% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 162.3k NOK → 99.0k NOK (-39.0% YoY). Calculated