ADVOKAT EVEN RØNVIK AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-04-27; registry 2018-05-08; journal 2018 316963
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT EVEN RØNVIK AS. Revenue 4.57m NOK → 4.47m NOK (-2.2%). Equity 8.21m NOK → 9.98m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.57m NOK
4.47m NOK
-2.2%
Net result
+1.97m NOK
n/m
—
Equity
8.21m NOK
9.98m NOK
+21.6%
Cash
8.63m NOK
3.61m NOK
-58.2%
Total assets
15.07m NOK
10.71m NOK
-28.9%
What improved
-
↑
Equity strengthened
Book equity 8.21m NOK → 9.98m NOK (equity ratio 54.5% → 93.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.57m NOK to 4.47m NOK (-2.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 8.63m NOK → 3.61m NOK (-58.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.52m NOK → 1.73m NOK (33% → 39% of revenue). Calculated