FirmaIQ
Org.nr 996 467 511 2017 → 2018 Year-over-year analysis

ADVOKATORIET AS: årsregnskap 2018 vs 2017

Shrank 5% on revenue, weaker earnings

approved 2019-04-23; registry 2019-04-29; journal 2019 312420

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATORIET AS. Revenue 4.20m NOK → 3.99m NOK (-5.1%). Net result +875.1k NOK → +114.5k NOK. Equity 714.8k NOK → 600.3k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATORIET AS.

At a glance

Scorecard

Revenue
4.20m NOK 3.99m NOK
-5.1%
Operating result
+1.15m NOK +143.0k NOK
-87.6%
Net result
+875.1k NOK +114.5k NOK
-86.9%
Equity
714.8k NOK 600.3k NOK
-16.0%
Cash
104.4k NOK 1.56m NOK
+1389.9%
Total assets
2.50m NOK 2.57m NOK
+2.9%

What improved

  • ↑

    Cash rose

    Bank deposits 104.4k NOK → 1.56m NOK (+1389.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.20m NOK to 3.99m NOK (-5.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.15m NOK → +143.0k NOK (op. margin 27.4% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +875.1k NOK → +114.5k NOK (net margin 20.8% → 2.9%). Calculated

  • ↓

    Equity eroded

    Book equity 714.8k NOK → 600.3k NOK (equity ratio 28.6% → 23.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.78m NOK → 2.15m NOK (42% → 54% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 116.7k NOK → 83.7k NOK. Reported fact