ADVOKATFIRMAET HASLE AS: årsregnskap 2017 vs 2016
Grew 19% on revenue, returned to profit
approved 2018-04-25; registry 2018-05-07; journal 2018 305562
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET HASLE AS. Revenue 3.83m NOK → 4.55m NOK (+18.9%). Net result -54.4k NOK → +16.9k NOK. Equity -163.7k NOK → -146.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET HASLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.83m NOK to 4.55m NOK (+18.9% YoY). Calculated
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↑
Operating result improved
Operating result -63.8k NOK → +34.9k NOK (op. margin -1.7% → 0.8%). Calculated
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Turned profitable
Net result flipped from a loss of 54.4k NOK to a profit of 16.9k NOK. Calculated
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Equity strengthened
Book equity -163.7k NOK → -146.8k NOK (equity ratio -44.6% → -36.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 79.6k NOK → 69.6k NOK (-12.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.99m NOK → 2.65m NOK (52% → 58% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 139.1k NOK → 595 NOK (-99.6% YoY). Calculated