ADVOKATFIRMAET TØNSET AS: årsregnskap 2018 vs 2017
Grew 6% on revenue, returned to profit
approved 2019-03-27; registry 2019-04-03; journal 2019 269326
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET TØNSET AS. Revenue 3.36m NOK → 3.57m NOK (+6.1%). Net result -267.3k NOK → +178.3k NOK. Equity 570.6k NOK → 748.9k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET TØNSET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.36m NOK to 3.57m NOK (+6.1% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 267.3k NOK to a profit of 178.3k NOK. Calculated
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↑
Equity strengthened
Book equity 570.6k NOK → 748.9k NOK (equity ratio 43.7% → 49.9%). Calculated
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↑
Payroll decreased
Salary cost 2.53m NOK → 2.44m NOK (75% → 68% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 80.4k NOK → 73.2k NOK (-8.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 73.4k NOK → 94.8k NOK (+29.1% YoY). Calculated