ADVOKAT ERIK JØNSSON AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-04-09; registry 2018-04-17; journal 2018 266530
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT ERIK JØNSSON AS. Revenue 1.59m NOK → 1.51m NOK (-4.8%). Equity 278.7k NOK → 159.6k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.59m NOK
1.51m NOK
-4.8%
Operating result
n/m
+500.9k NOK
—
Net result
n/m
+380.9k NOK
—
Equity
278.7k NOK
159.6k NOK
-42.7%
Cash
333.4k NOK
143.4k NOK
-57.0%
Total assets
885.5k NOK
169.1k NOK
-80.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.59m NOK to 1.51m NOK (-4.8% YoY). Calculated
-
↓
Equity eroded
Book equity 278.7k NOK → 159.6k NOK (equity ratio 31.5% → 94.4%). Calculated
-
↓
Cash fell
Bank deposits 333.4k NOK → 143.4k NOK (-57.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.46× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated