ADVOKAT HENJUM AS: årsregnskap 2017 vs 2016
Grew 36% on revenue, stronger earnings
approved 2018-04-04; registry 2018-04-12; journal 2018 259003
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT HENJUM AS. Revenue 2.34m NOK → 3.17m NOK (+35.5%). Net result +16 NOK → +30.0k NOK. Equity 423.1k NOK → 631.5k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HENJUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.34m NOK to 3.17m NOK (+35.5% YoY). Calculated
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↑
Net result improved
Net result +16 NOK → +30.0k NOK (net margin 0.0% → 0.9%). Calculated
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↑
Equity strengthened
Book equity 423.1k NOK → 631.5k NOK (equity ratio 45.6% → 170.2%). Calculated
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↑
Cash rose
Bank deposits 624.7k NOK → 627.4k NOK (+0.4% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.81× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.45m NOK → 1.95m NOK (62% → 62% of revenue). Calculated