ADVOKATDIREKTE AS: årsregnskap 2018 vs 2017
Grew 21% on revenue, stronger earnings
approved 2019-04-30; registry 2019-06-08; journal 2019 488662
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATDIREKTE AS. Revenue 2.24m NOK → 2.71m NOK (+20.6%). Net result +75.2k NOK → +130.1k NOK. Equity 371.8k NOK → 501.9k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATDIREKTE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.24m NOK to 2.71m NOK (+20.6% YoY). Calculated
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↑
Net result improved
Net result +75.2k NOK → +130.1k NOK (net margin 3.4% → 4.8%). Calculated
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↑
Equity strengthened
Book equity 371.8k NOK → 501.9k NOK (equity ratio 30.1% → 32.1%). Calculated
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Cash rose
Bank deposits 376.8k NOK → 598.4k NOK (+58.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.87m NOK → 1.28m NOK (84% → 47% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +364.4k NOK → +297.7k NOK (op. margin 16.2% → 11.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 601 NOK → 20.8k NOK (+3364.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 72.5k NOK → 100.0k NOK. Reported fact