ADVOKATSENTERET AS: årsregnskap 2018 vs 2017
Shrank 6% on revenue
approved 2019-05-27; registry 2019-08-03; journal 2019 855345
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATSENTERET AS. Revenue 883.2k NOK → 831.5k NOK (-5.9%). Equity 166.9k NOK → 84.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATSENTERET AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 149.3k NOK → 159.3k NOK (+6.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 883.2k NOK to 831.5k NOK (-5.9% YoY). Calculated
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↓
Operating result weakened
Operating result -5 529 NOK → -77.9k NOK (op. margin -0.6% → -9.4%). Calculated
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↓
Equity eroded
Book equity 166.9k NOK → 84.6k NOK (equity ratio 76.4% → 39.8%). Calculated
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↓
Payroll up without matching revenue
Salary cost 12.0k NOK → 23.7k NOK (1% → 3% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 166.9k NOK → 84.6k NOK — check capital reduction, conversion, or reclassification. Interpretation