ADVOKATFIRMAET HERSTAD AS: årsregnskap 2018 vs 2017
Grew 536% on revenue
approved 2019-04-29; registry 2019-05-20; journal 2019 385048
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET HERSTAD AS. Revenue 531.0k NOK → 3.38m NOK (+535.8%). Net result +104.3k NOK → +117.4k NOK. Equity -89.3k NOK → 28.1k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HERSTAD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 531.0k NOK to 3.38m NOK (+535.8% YoY). Calculated
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Net result improved
Net result +104.3k NOK → +117.4k NOK (net margin 19.6% → 3.5%). Calculated
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Equity strengthened
Book equity -89.3k NOK → 28.1k NOK (equity ratio -7.2% → 2.2%). Calculated
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Cash rose
Bank deposits 121.5k NOK → 250.5k NOK (+106.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.29m NOK → 1.85m NOK (242% → 55% of revenue). Calculated
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COGS moved
COGS / varekostnad 4 532 NOK → 23.9k NOK (+428.2% YoY). Calculated