FirmaIQ
Org.nr 915 583 237 2016 → 2017 Year-over-year analysis

ADVOKAT HANNE WESCHE AS: årsregnskap 2017 vs 2016

Shrank 8% on revenue, cash halved-plus

approved 2018-04-24; registry 2018-05-08; journal 2018 318759

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT HANNE WESCHE AS. Revenue 2.85m NOK → 2.61m NOK (-8.5%). Net result +560.9k NOK → +608.1k NOK. Equity 829.3k NOK → 1.21m NOK.

On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.

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

At a glance

Scorecard

Revenue
2.85m NOK 2.61m NOK
-8.5%
Operating result
n/m +793.0k NOK
—
Net result
+560.9k NOK +608.1k NOK
+8.4%
Equity
829.3k NOK 1.21m NOK
+45.6%
Cash
711.9k NOK 289.9k NOK
-59.3%
Total assets
1.98m NOK 1.85m NOK
-6.1%

What improved

  • ↑

    Net result improved

    Net result +560.9k NOK → +608.1k NOK (net margin 19.6% → 23.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 829.3k NOK → 1.21m NOK (equity ratio 42.0% → 65.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.47m NOK → 1.20m NOK (52% → 46% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.85m NOK to 2.61m NOK (-8.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 711.9k NOK → 289.9k NOK (-59.3% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 21.5k NOK → 36.2k NOK (+68.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 260.2k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation