ADVOKATFIRMAET SAEME AS: årsregnskap 2018 vs 2017
Grew 26% on revenue, stronger earnings
approved 2019-04-30; registry 2019-05-04; journal 2019 331615
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET SAEME AS. Revenue 7.88m NOK → 9.90m NOK (+25.6%). Net result +808.3k NOK → +1.99m NOK. Equity 25.50m NOK → 27.49m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SAEME AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.88m NOK to 9.90m NOK (+25.6% YoY). Calculated
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Operating result improved
Operating result +1.43m NOK → +3.04m NOK (op. margin 18.1% → 30.7%). Calculated
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Net result improved
Net result +808.3k NOK → +1.99m NOK (net margin 10.3% → 20.1%). Calculated
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Equity strengthened
Book equity 25.50m NOK → 27.49m NOK (equity ratio 48.3% → 51.5%). Calculated
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Cash rose
Bank deposits 5.14m NOK → 7.31m NOK (+42.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3.48m NOK → 3.86m NOK (44% → 39% of revenue). Calculated
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COGS moved
COGS / varekostnad 445.8k NOK → 655.7k NOK (+47.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 31.80m NOK → 31.56m NOK. Reported fact