FirmaIQ
Org.nr 912 184 722 2017 → 2018 Year-over-year analysis

ADVOKATHUSET HARSTAD AS: årsregnskap 2018 vs 2017

Shrank 12% on revenue, stronger earnings

approved 2019-05-10; registry 2019-05-13; journal 2019 365946

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATHUSET HARSTAD AS. Revenue 4.82m NOK → 4.23m NOK (-12.2%). Net result +103.72m NOK → +140.85m NOK. Equity 646.3k NOK → 787.1k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATHUSET HARSTAD AS.

At a glance

Scorecard

Revenue
4.82m NOK 4.23m NOK
-12.2%
Operating result
+135.02m NOK +183.99m NOK
+36.3%
Net result
+103.72m NOK +140.85m NOK
+35.8%
Equity
646.3k NOK 787.1k NOK
+21.8%
Cash
1.56m NOK 1.18m NOK
-24.0%
Total assets
2.16m NOK 2.09m NOK
-3.3%

What improved

  • ↑

    Operating result improved

    Operating result +135.02m NOK → +183.99m NOK (op. margin 2802.6% → 4349.5%). Calculated

  • ↑

    Net result improved

    Net result +103.72m NOK → +140.85m NOK (net margin 2152.8% → 3329.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 646.3k NOK → 787.1k NOK (equity ratio 30.0% → 37.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.50m NOK → 2.81m NOK (73% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.82m NOK to 4.23m NOK (-12.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.56m NOK → 1.18m NOK (-24.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 68.2k NOK → 23.6k NOK (-65.4% YoY). Calculated