ADVOKAT CAMILLA HAGEN AS: årsregnskap 2017 vs 2016
Shrank 87% on revenue, returned to profit
approved 2018-04-30; registry 2018-05-08; journal 2018 317183
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT CAMILLA HAGEN AS. Revenue 2.27m NOK → 302.7k NOK (-86.7%). Net result -17.8k NOK → +537.5k NOK. Equity 215.8k NOK → 753.3k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 17.8k NOK to a profit of 537.5k NOK. Calculated
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↑
Equity strengthened
Book equity 215.8k NOK → 753.3k NOK (equity ratio 14.3% → 58.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.27m NOK to 302.7k NOK (-86.7% YoY). Calculated
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↓
Cash fell
Bank deposits 590.3k NOK → 450.0k NOK (-23.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.43m NOK → 1.95m NOK (63% → 644% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 13.5k NOK → 29.3k NOK (+117.5% YoY). Calculated