Org.nr 989 972 413 2017 → 2018 Year-over-year analysis

ADVOKAT HARALD HEGGEN BRØRBY AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue

approved 2019-03-25; registry 2019-04-04; journal 2019 271522

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT HARALD HEGGEN BRØRBY AS. Revenue 4.18m NOK → 3.71m NOK (-11.3%). Equity 534.3k NOK → 360.6k NOK.

On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

4.18m NOK 3.71m NOK

-11.3%

Operating result

+1 375 NOK +826.8k NOK

+60030.0%

Net result

+1 035 NOK n/m

—

Equity

534.3k NOK 360.6k NOK

-32.5%

Cash

1.27m NOK 2.98m NOK

+133.7%

Total assets

3.59m NOK 3.33m NOK

-7.1%

↑
Operating result improved

Operating result +1 375 NOK → +826.8k NOK (op. margin 0.0% → 22.3%). Calculated
↑
Cash rose

Bank deposits 1.27m NOK → 2.98m NOK (+133.7% YoY). Calculated
↑
Payroll decreased

Salary cost 1.80m NOK → 1.67m NOK (43% → 45% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.18m NOK to 3.71m NOK (-11.3% YoY). Calculated
↓
Equity eroded

Book equity 534.3k NOK → 360.6k NOK (equity ratio 14.9% → 10.8%). Calculated