Org.nr 917 337 829 2016 → 2017 Year-over-year analysis

ADVOKAT GRO ARNESEN FREMSTAD AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-04-27; registry 2018-05-07; journal 2018 310462

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT GRO ARNESEN FREMSTAD AS. Revenue 407.2k NOK → 410.9k NOK (+0.9%). Net result +179.2k NOK → +115.5k NOK. Equity 209.2k NOK → 324.7k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT GRO ARNESEN FREMSTAD AS.

Scorecard

Revenue
407.2k NOK 410.9k NOK
+0.9%
Operating result
+238.9k NOK +151.9k NOK
-36.4%
Net result
+179.2k NOK +115.5k NOK
-35.6%
Equity
209.2k NOK 324.7k NOK
+55.2%
Cash
168.3k NOK 409.4k NOK
+143.3%
Total assets
398.0k NOK 790.4k NOK
+98.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 407.2k NOK to 410.9k NOK (+0.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 209.2k NOK → 324.7k NOK (equity ratio 52.6% → 41.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 168.3k NOK → 409.4k NOK (+143.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +238.9k NOK → +151.9k NOK (op. margin 58.7% → 37.0%). Calculated

  • ↓

    Net result weakened

    Net result +179.2k NOK → +115.5k NOK (net margin 44.0% → 28.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 35.1k NOK → 2.97m NOK (9% → 723% of revenue). Calculated