FirmaIQ
Org.nr 913 760 727 2016 → 2017 Year-over-year analysis

ADVOKAT HELGHEIM AS: årsregnskap 2017 vs 2016

Shrank 50% on revenue, weaker earnings

approved 2018-04-27; registry 2018-05-07; journal 2018 309088

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT HELGHEIM AS. Revenue 3.59m NOK → 1.81m NOK (-49.6%). Net result +1.57m NOK → +549.4k NOK. Equity 620.2k NOK → 2.17m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.59m NOK 1.81m NOK
-49.6%
Operating result
+2.09m NOK +723.1k NOK
-65.4%
Net result
+1.57m NOK +549.4k NOK
-64.9%
Equity
620.2k NOK 2.17m NOK
+249.8%
Cash
2.95m NOK 2.34m NOK
-20.7%
Total assets
388.9k NOK 2.72m NOK
+598.5%

What improved

  • ↑

    Equity strengthened

    Book equity 620.2k NOK → 2.17m NOK (equity ratio 159.5% → 79.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.59m NOK to 1.81m NOK (-49.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.09m NOK → +723.1k NOK (op. margin 58.2% → 40.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.57m NOK → +549.4k NOK (net margin 43.7% → 30.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.95m NOK → 2.34m NOK (-20.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.29m NOK → 1.82m NOK (36% → 101% of revenue). Calculated