ADVOKAT DØVIK AS: årsregnskap 2017 vs 2016
Grew 21% on revenue, stronger earnings
approved 2018-04-24; registry 2018-05-07; journal 2018 304175
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT DØVIK AS. Revenue 1.40m NOK → 1.69m NOK (+21.1%). Net result +250.0k NOK → +310.1k NOK. Equity 242.2k NOK → 252.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT DØVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.40m NOK to 1.69m NOK (+21.1% YoY). Calculated
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↑
Operating result improved
Operating result +333.0k NOK → +412.5k NOK (op. margin 23.9% → 24.4%). Calculated
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Net result improved
Net result +250.0k NOK → +310.1k NOK (net margin 17.9% → 18.4%). Calculated
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↑
Equity strengthened
Book equity 242.2k NOK → 252.3k NOK (equity ratio 24.4% → 27.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 459.2k NOK → 424.1k NOK (-7.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 672.4k NOK → 844.1k NOK (48% → 50% of revenue). Calculated