FirmaIQ
Org.nr 988 815 470 2016 → 2017 Year-over-year analysis

ADVOKAT GEIR HEGLE AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-05-30; registry 2018-06-13; journal 2018 467472

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT GEIR HEGLE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +221.0k NOK → +115.5k NOK. Equity 482.4k NOK → 597.9k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT GEIR HEGLE AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-11.2k NOK -12.7k NOK
-12.8%
Net result
+221.0k NOK +115.5k NOK
-47.7%
Equity
482.4k NOK 597.9k NOK
+23.9%
Cash
95.7k NOK 171.4k NOK
+79.1%
Total assets
595.7k NOK 671.4k NOK
+12.7%

What improved

  • ↑

    Equity strengthened

    Book equity 482.4k NOK → 597.9k NOK (equity ratio 81.0% → 89.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 95.7k NOK → 171.4k NOK (+79.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.84× → 2.33×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.2k NOK → -12.7k NOK. Calculated

  • ↓

    Net result weakened

    Net result +221.0k NOK → +115.5k NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 500.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation