ADVOKAT HENJUM AS: årsregnskap 2018 vs 2017
Grew 40% on revenue, stronger earnings
approved 2019-04-23; registry 2019-04-25; journal 2019 307706
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT HENJUM AS. Revenue 3.17m NOK → 4.43m NOK (+39.9%). Net result +30.0k NOK → +90.0k NOK. Equity 631.5k NOK → 867.9k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HENJUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.17m NOK to 4.43m NOK (+39.9% YoY). Calculated
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↑
Net result improved
Net result +30.0k NOK → +90.0k NOK (net margin 0.9% → 2.0%). Calculated
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↑
Equity strengthened
Book equity 631.5k NOK → 867.9k NOK (equity ratio 170.2% → 38.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.48× → 5.60×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 627.4k NOK → 320.0k NOK (-49.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.95m NOK → 2.90m NOK (62% → 65% of revenue). Calculated