ADVOKAT CATO SIMONSEN AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-04-06; registry 2018-04-17; journal 2018 267208
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT CATO SIMONSEN AS. Revenue 3.63m NOK → 3.80m NOK (+4.6%). Equity 458.1k NOK → 296.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT CATO SIMONSEN AS.
At a glance
Scorecard
Revenue
3.63m NOK
3.80m NOK
+4.6%
Net result
+428.1k NOK
n/m
—
Equity
458.1k NOK
296.2k NOK
-35.3%
Cash
1 123 NOK
1.41m NOK
+125842.9%
Total assets
2.40m NOK
2.61m NOK
+8.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.63m NOK to 3.80m NOK (+4.6% YoY). Calculated
-
↑
Cash rose
Bank deposits 1 123 NOK → 1.41m NOK (+125842.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 458.1k NOK → 296.2k NOK (equity ratio 19.1% → 11.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 390 NOK → 2.15m NOK (0% → 56% of revenue). Calculated