ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2018 vs 2017
Grew 8% on revenue, weaker earnings
approved 2019-04-11; registry 2019-04-29; journal 2019 313860
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 2.91m NOK → 3.14m NOK (+7.8%). Net result +274.1k NOK → +182.4k NOK. Equity 1.41m NOK → 1.39m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.91m NOK to 3.14m NOK (+7.8% YoY). Calculated
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↑
Cash rose
Bank deposits 596.7k NOK → 619.9k NOK (+3.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +282.6k NOK → +241.8k NOK (op. margin 9.7% → 7.7%). Calculated
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↓
Net result weakened
Net result +274.1k NOK → +182.4k NOK (net margin 9.4% → 5.8%). Calculated
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↓
Equity eroded
Book equity 1.41m NOK → 1.39m NOK (equity ratio 66.1% → 63.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.77m NOK → 1.85m NOK (61% → 59% of revenue). Calculated