ADVOKAT STENSLAND & CO AS: årsregnskap 2018 vs 2017
Grew 17% on revenue, returned to profit
approved 2019-04-30; registry 2019-05-02; journal 2019 326787
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT STENSLAND & CO AS. Revenue 515.2k NOK → 603.1k NOK (+17.1%). Net result -211.7k NOK → +257.6k NOK. Equity 7 860 NOK → 4.27m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 515.2k NOK to 603.1k NOK (+17.1% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 211.7k NOK to a profit of 257.6k NOK. Calculated
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Equity strengthened
Book equity 7 860 NOK → 4.27m NOK (equity ratio 3.4% → 870.3%). Calculated
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Cash rose
Bank deposits 60.5k NOK → 176.1k NOK (+191.2% YoY). Calculated
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Payroll decreased
Salary cost 484.9k NOK → 167.3k NOK (94% → 28% of revenue). Calculated