ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-04-30; registry 2019-05-04; journal 2019 330413
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 990.1k NOK → 991.8k NOK (+0.2%). Net result -28.3k NOK → +197 NOK. Equity 89.4k NOK → 121.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA BJØRN H. LARSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 990.1k NOK to 991.8k NOK (+0.2% YoY). Calculated
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Operating result improved
Operating result +6 291 NOK → +80.3k NOK (op. margin 0.6% → 8.1%). Calculated
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Turned profitable
Net result flipped from a loss of 28.3k NOK to a profit of 197 NOK. Calculated
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Equity strengthened
Book equity 89.4k NOK → 121.4k NOK (equity ratio 16.9% → 25.7%). Calculated
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Cash rose
Bank deposits 29.7k NOK → 43.6k NOK (+47.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 484.7k NOK → 503.8k NOK (49% → 51% of revenue). Calculated
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COGS fell
COGS / varekostnad 6 027 NOK → -26.5k NOK (-539.2% YoY). Calculated