ADVOKAT HAUKEN AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-04-29; registry 2018-05-08; journal 2018 314107
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT HAUKEN AS. Revenue 1.82m NOK → 1.87m NOK (+3.0%). Net result -80.3k NOK → +211.3k NOK. Equity 395.0k NOK → 11.61m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.82m NOK to 1.87m NOK (+3.0% YoY). Calculated
-
↑
Operating result improved
Operating result -89.1k NOK → +269.3k NOK (op. margin -4.9% → 14.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 80.3k NOK to a profit of 211.3k NOK. Calculated
-
↑
Equity strengthened
Book equity 395.0k NOK → 11.61m NOK (equity ratio 55.6% → 1265.2%). Calculated
-
↑
Cash rose
Bank deposits 105.9k NOK → 329.3k NOK (+210.9% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 2.16× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated