FirmaIQ
Org.nr 989 972 413 2016 → 2017 Year-over-year analysis

ADVOKAT HARALD HEGGEN BRØRBY AS: årsregnskap 2017 vs 2016

Grew 22% on revenue, weaker earnings

approved 2018-04-25; registry 2018-05-08; journal 2018 313072

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT HARALD HEGGEN BRØRBY AS. Revenue 3.42m NOK → 4.18m NOK (+22.4%). Net result +915.51m NOK → +1 035 NOK. Equity 498.4k NOK → 534.3k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT HARALD HEGGEN BRØRBY AS.

At a glance

Scorecard

Revenue
3.42m NOK 4.18m NOK
+22.4%
Operating result
+165.66m NOK +1 375 NOK
-100.0%
Net result
+915.51m NOK +1 035 NOK
-100.0%
Equity
498.4k NOK 534.3k NOK
+7.2%
Cash
2.51m NOK 1.27m NOK
-49.2%
Total assets
2.66m NOK 3.59m NOK
+34.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.42m NOK to 4.18m NOK (+22.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 498.4k NOK → 534.3k NOK (equity ratio 18.7% → 14.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +165.66m NOK → +1 375 NOK (op. margin 4849.3% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +915.51m NOK → +1 035 NOK (net margin 26799.6% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.51m NOK → 1.27m NOK (-49.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.63m NOK → 1.80m NOK (48% → 43% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 172.5k NOK → 21.6k NOK (-87.5% YoY). Calculated