FirmaIQ
Org.nr 915 956 114 2017 → 2018 Year-over-year analysis

ADVOKAT KARIANNE GRINDSTAD AS: årsregnskap 2018 vs 2017

Grew 40% on revenue, stronger earnings

approved 2019-02-05; registry 2019-02-13; journal 2019 208245

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT KARIANNE GRINDSTAD AS. Revenue 548.3k NOK → 766.1k NOK (+39.7%). Net result +5 790 NOK → +35.6k NOK. Equity 19.3k NOK → 54.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KARIANNE GRINDSTAD AS.

At a glance

Scorecard

Revenue
548.3k NOK 766.1k NOK
+39.7%
Operating result
+10.7k NOK +48.6k NOK
+353.2%
Net result
+5 790 NOK +35.6k NOK
+514.4%
Equity
19.3k NOK 54.8k NOK
+184.7%
Cash
34.9k NOK 45.1k NOK
+29.5%
Total assets
270.5k NOK 398.4k NOK
+47.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 548.3k NOK to 766.1k NOK (+39.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.7k NOK → +48.6k NOK (op. margin 2.0% → 6.3%). Calculated

  • ↑

    Net result improved

    Net result +5 790 NOK → +35.6k NOK (net margin 1.1% → 4.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 19.3k NOK → 54.8k NOK (equity ratio 7.1% → 13.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 34.9k NOK → 45.1k NOK (+29.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 374.2k NOK → 510.2k NOK (68% → 67% of revenue). Calculated