ADVOKAT KJELL SIGVE HAUGLAND AS: årsregnskap 2017 vs 2016
Grew 98% on revenue, stronger earnings
approved 2018-04-13; registry 2018-05-08; journal 2018 315373
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT KJELL SIGVE HAUGLAND AS. Revenue 423.9k NOK → 837.4k NOK (+97.6%). Net result +161.3k NOK → +230.0k NOK. Equity 5.20m NOK → 322.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJELL SIGVE HAUGLAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 423.9k NOK to 837.4k NOK (+97.6% YoY). Calculated
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Operating result improved
Operating result +215.9k NOK → +310.6k NOK (op. margin 50.9% → 37.1%). Calculated
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Net result improved
Net result +161.3k NOK → +230.0k NOK (net margin 38.1% → 27.5%). Calculated
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Cash rose
Bank deposits 109.3k NOK → 307.4k NOK (+181.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.20m NOK → 322.4k NOK (equity ratio 1654.4% → 38.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 46.7k NOK → 4.25m NOK (11% → 507% of revenue). Calculated