ADVOKATFIRMA WANG & HOLM-OLSEN AS: årsregnskap 2018 vs 2017
Grew 32% on revenue, stronger earnings
approved 2019-05-25; registry 2019-05-29; journal 2019 437066
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMA WANG & HOLM-OLSEN AS. Revenue 4.43m NOK → 5.85m NOK (+32.2%). Net result +182.4k NOK → +457.0k NOK. Equity 294.1k NOK → 751.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA WANG & HOLM-OLSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.43m NOK to 5.85m NOK (+32.2% YoY). Calculated
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Operating result improved
Operating result +191.0k NOK → +605.5k NOK (op. margin 4.3% → 10.3%). Calculated
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Net result improved
Net result +182.4k NOK → +457.0k NOK (net margin 4.1% → 7.8%). Calculated
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Equity strengthened
Book equity 294.1k NOK → 751.0k NOK (equity ratio 14.5% → 33.0%). Calculated
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Cash rose
Bank deposits 246.7k NOK → 966.7k NOK (+291.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.82m NOK → 3.47m NOK (64% → 59% of revenue). Calculated
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COGS fell
COGS / varekostnad 401.9k NOK → 326.7k NOK (-18.7% YoY). Calculated