Org.nr 996 399 869 2016 → 2017 Year-over-year analysis

ADNOR ADVOKAT AS: årsregnskap 2017 vs 2016

Grew 11% on revenue

approved 2018-04-27; registry 2018-05-24; journal 2018 343007

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADNOR ADVOKAT AS. Revenue 20.15m NOK → 22.33m NOK (+10.8%). Equity 2.63m NOK → 569.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADNOR ADVOKAT AS.

At a glance

Revenue

20.15m NOK 22.33m NOK

+10.8%

Equity

2.63m NOK 569.3k NOK

-78.3%

Cash

1.24m NOK 2.20m NOK

+77.2%

Total assets

6.78m NOK 7.91m NOK

+16.5%

↑
Revenue rose

Operating income / revenue moved from 20.15m NOK to 22.33m NOK (+10.8% YoY). Calculated
↑
Cash rose

Bank deposits 1.24m NOK → 2.20m NOK (+77.2% YoY). Calculated

↓
Equity eroded

Book equity 2.63m NOK → 569.3k NOK (equity ratio 38.7% → 7.2%). Calculated

·
Thin equity buffer

Equity ratio is 7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 12.51m NOK → 14.44m NOK (62% → 65% of revenue). Calculated