ADVOKAT DAG RØED AS: årsregnskap 2017 vs 2016
Grew 33% on revenue, stronger earnings
approved 2018-04-20; registry 2018-05-31; journal 2018 380376
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT DAG RØED AS. Revenue 1.09m NOK → 1.45m NOK (+32.9%). Net result +182.7k NOK → +260.2k NOK. Equity 451.9k NOK → 712.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT DAG RØED AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.09m NOK to 1.45m NOK (+32.9% YoY). Calculated
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Operating result improved
Operating result +236.2k NOK → +337.1k NOK (op. margin 21.7% → 23.3%). Calculated
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Net result improved
Net result +182.7k NOK → +260.2k NOK (net margin 16.8% → 18.0%). Calculated
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↑
Equity strengthened
Book equity 451.9k NOK → 712.1k NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 932.1k NOK → 723.5k NOK (-22.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 71.0k NOK → 79.9k NOK (7% → 6% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 565.3k NOK → 794.5k NOK (+40.5% YoY). Calculated