ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2018 vs 2017
Grew 11% on revenue
approved 2019-04-05; registry 2019-04-15; journal 2019 282607
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATENE LEIROS & OLSEN AS. Revenue 10.38m NOK → 11.57m NOK (+11.4%). Equity 3.08m NOK → 2.90m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE LEIROS & OLSEN AS.
At a glance
Scorecard
Revenue
10.38m NOK
11.57m NOK
+11.4%
Equity
3.08m NOK
2.90m NOK
-5.9%
Cash
3.21m NOK
3.63m NOK
+13.1%
Total assets
5.39m NOK
5.75m NOK
+6.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 10.38m NOK to 11.57m NOK (+11.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 3.21m NOK → 3.63m NOK (+13.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 3.08m NOK → 2.90m NOK (equity ratio 57.2% → 50.5%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 7.52m NOK → 8.32m NOK (72% → 72% of revenue). Calculated