ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS: årsregnskap 2018 vs 2017
Grew 56% on revenue, returned to profit
approved 2019-05-28; registry 2019-06-06; journal 2019 483395
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS. Revenue 4.56m NOK → 7.12m NOK (+56.0%). Net result -177.2k NOK → +537.8k NOK. Equity 11 NOK → 30.0k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.56m NOK to 7.12m NOK (+56.0% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 177.2k NOK to a profit of 537.8k NOK. Calculated
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Equity strengthened
Book equity 11 NOK → 30.0k NOK (equity ratio 0.0% → 4.7%). Calculated
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Cash rose
Bank deposits 322.8k NOK → 599.1k NOK (+85.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.24m NOK → 4.46m NOK (71% → 63% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 76.3k NOK → 184.6k NOK (+142.1% YoY). Calculated