FirmaIQ
Org.nr 916 339 542 2016 → 2017 Year-over-year analysis

ADVOKAT ESPEN SIMONSEN AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-04-25; registry 2018-05-07; journal 2018 307874

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT ESPEN SIMONSEN AS. Revenue 3.68m NOK → 3.70m NOK (+0.6%). Net result +417.5k NOK → +184.4k NOK. Equity 661.1k NOK → 845.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.68m NOK 3.70m NOK
+0.6%
Operating result
+558.6k NOK +234.1k NOK
-58.1%
Net result
+417.5k NOK +184.4k NOK
-55.8%
Equity
661.1k NOK 845.5k NOK
+27.9%
Cash
370.3k NOK 1.43m NOK
+285.3%
Total assets
1.60bn NOK 732.2k NOK
-100.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.68m NOK to 3.70m NOK (+0.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 661.1k NOK → 845.5k NOK (equity ratio 0.0% → 115.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 370.3k NOK → 1.43m NOK (+285.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.62× → 1.94×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +558.6k NOK → +234.1k NOK (op. margin 15.2% → 6.3%). Calculated

  • ↓

    Net result weakened

    Net result +417.5k NOK → +184.4k NOK (net margin 11.4% → 5.0%). Calculated