ADVOKAT SISSEL KNUTSEN HEGDAL AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, returned to profit
approved 2019-03-28; registry 2019-04-03; journal 2019 269988
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT SISSEL KNUTSEN HEGDAL AS. Revenue 536.3k NOK → 621.6k NOK (+15.9%). Net result -3 621 NOK → +3 269 NOK. Equity -72.1k NOK → -75.4k NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SISSEL KNUTSEN HEGDAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 536.3k NOK to 621.6k NOK (+15.9% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 3 621 NOK to a profit of 3 269 NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +17.2k NOK → +14.9k NOK (op. margin 3.2% → 2.4%). Calculated
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↓
Equity eroded
Book equity -72.1k NOK → -75.4k NOK (equity ratio -40.0% → -37.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 102.4k NOK → 277.0k NOK (19% → 45% of revenue). Calculated