Org.nr 912 190 013 2016 → 2017 Year-over-year analysis

ADVOKAT BIRGIT VINNES AS: årsregnskap 2017 vs 2016

Shrank 86% on revenue, stronger earnings

approved 2018-03-05; registry 2018-03-07; journal 2018 223033

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT BIRGIT VINNES AS. Revenue 1.31m NOK → 177.3k NOK (-86.5%). Net result +118.2k NOK → +228.4k NOK. Equity 279.2k NOK → 257.6k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.31m NOK 177.3k NOK
-86.5%
Operating result
+157.4k NOK +300.3k NOK
+90.7%
Net result
+118.2k NOK +228.4k NOK
+93.3%
Equity
279.2k NOK 257.6k NOK
-7.7%
Cash
304.7k NOK 361.9k NOK
+18.8%
Total assets
648.2k NOK 755.9k NOK
+16.6%

What improved

  • ↑

    Operating result improved

    Operating result +157.4k NOK → +300.3k NOK (op. margin 12.0% → 169.4%). Calculated

  • ↑

    Net result improved

    Net result +118.2k NOK → +228.4k NOK (net margin 9.0% → 128.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 304.7k NOK → 361.9k NOK (+18.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.31m NOK to 177.3k NOK (-86.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 279.2k NOK → 257.6k NOK (equity ratio 43.1% → 34.1%). Calculated