ADVOKAT FINN OVE SMITH AS: årsregnskap 2017 vs 2016
Grew 34% on revenue
approved 2018-04-30; registry 2018-05-08; journal 2018 316813
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT FINN OVE SMITH AS. Revenue 4.88m NOK → 6.55m NOK (+34.1%). Equity 2.62m NOK → 3.52m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
4.88m NOK
6.55m NOK
+34.1%
Operating result
+1.26m NOK
+3.16m NOK
+150.0%
Equity
2.62m NOK
3.52m NOK
+34.4%
Cash
3.74m NOK
4.84m NOK
+29.5%
Total assets
5.29m NOK
6.46m NOK
+22.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.88m NOK to 6.55m NOK (+34.1% YoY). Calculated
-
↑
Operating result improved
Operating result +1.26m NOK → +3.16m NOK (op. margin 25.9% → 48.3%). Calculated
-
↑
Equity strengthened
Book equity 2.62m NOK → 3.52m NOK (equity ratio 49.4% → 54.5%). Calculated
-
↑
Cash rose
Bank deposits 3.74m NOK → 4.84m NOK (+29.5% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.46m NOK → 2.21m NOK (50% → 34% of revenue). Calculated