FirmaIQ
Org.nr 913 857 372 2017 → 2018 Year-over-year analysis

ADVOKATFIRMA MÆLAND & CO AS: årsregnskap 2018 vs 2017

Grew 12% on revenue, stronger earnings

approved 2019-04-09; registry 2019-04-16; journal 2019 288069

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA MÆLAND & CO AS. Revenue 5.51m NOK → 6.19m NOK (+12.4%). Net result +227.5k NOK → +1.74m NOK. Equity 2.78m NOK → 4.52m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA MÆLAND & CO AS.

At a glance

Scorecard

Revenue
5.51m NOK 6.19m NOK
+12.4%
Net result
+227.5k NOK +1.74m NOK
+665.3%
Equity
2.78m NOK 4.52m NOK
+62.7%
Total assets
6.00m NOK 7.42m NOK
+23.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.51m NOK to 6.19m NOK (+12.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +227.5k NOK → +1.74m NOK (net margin 4.1% → 28.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.78m NOK → 4.52m NOK (equity ratio 46.3% → 60.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.32m NOK → 2.31m NOK (42% → 37% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 214.7k NOK → 170.4k NOK (-20.7% YoY). Calculated