Org.nr 918 824 898 2017 → 2018 Year-over-year analysis

ADVOKATKONTORET MYHR & CO AS: årsregnskap 2018 vs 2017

Grew 104% on revenue

approved 2019-06-28; registry 2019-07-27; journal 2019 809574

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATKONTORET MYHR & CO AS. Revenue 2.12m NOK → 4.33m NOK (+104.4%). Equity 228.9k NOK → 214.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATKONTORET MYHR & CO AS.

Scorecard

Revenue
2.12m NOK 4.33m NOK
+104.4%
Equity
228.9k NOK 214.9k NOK
-6.1%
Cash
7 470 NOK 7.95m NOK
+106313.4%
Total assets
8.28m NOK 9.03m NOK
+9.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.12m NOK to 4.33m NOK (+104.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 7 470 NOK → 7.95m NOK (+106313.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 228.9k NOK → 214.9k NOK (equity ratio 2.8% → 2.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 487 NOK → 3.47m NOK (0% → 80% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 73.2k NOK → 123.4k NOK (+68.6% YoY). Calculated