Org.nr 912 389 456 2016 → 2017 Year-over-year analysis

ADVOKAT STIAN HATLEBERG AS: årsregnskap 2017 vs 2016

Grew 18% on revenue, stronger earnings

approved 2018-04-04; registry 2018-04-12; journal 2018 259243

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT STIAN HATLEBERG AS. Revenue 2.43m NOK → 2.87m NOK (+18.2%). Net result +791.6k NOK → +954.8k NOK. Equity 844.4k NOK → 799.2k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT STIAN HATLEBERG AS.

Scorecard

Revenue
2.43m NOK 2.87m NOK
+18.2%
Operating result
+64.2k NOK n/m
—
Net result
+791.6k NOK +954.8k NOK
+20.6%
Equity
844.4k NOK 799.2k NOK
-5.4%
Cash
631.8k NOK 700.7k NOK
+10.9%
Total assets
2.02m NOK 3.56m NOK
+76.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.43m NOK to 2.87m NOK (+18.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +791.6k NOK → +954.8k NOK (net margin 32.6% → 33.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 631.8k NOK → 700.7k NOK (+10.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 844.4k NOK → 799.2k NOK (equity ratio 41.9% → 22.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 606.6k NOK → 775.4k NOK (25% → 27% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9 299 NOK → 18.2k NOK (+95.5% YoY). Calculated