ADVOKAT 1 AS: årsregnskap 2017 vs 2016
Grew 18% on revenue, returned to profit
approved 2018-05-08; registry 2018-05-29; journal 2018 367430
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT 1 AS. Revenue 1.60m NOK → 1.89m NOK (+18.0%). Net result -8 466 NOK → +84.2k NOK. Equity 29.0k NOK → 113.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT 1 AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.60m NOK to 1.89m NOK (+18.0% YoY). Calculated
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Operating result improved
Operating result -8 930 NOK → +86.3k NOK (op. margin -0.6% → 4.6%). Calculated
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Turned profitable
Net result flipped from a loss of 8 466 NOK to a profit of 84.2k NOK. Calculated
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Equity strengthened
Book equity 29.0k NOK → 113.2k NOK (equity ratio 7.5% → 24.1%). Calculated
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Cash rose
Bank deposits 135.7k NOK → 165.8k NOK (+22.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 575.8k NOK → 611.1k NOK (36% → 32% of revenue). Calculated