ADVOKAT JAN KRISTIAN TAKVAM AS: årsregnskap 2017 vs 2016
Grew 1163% on revenue, weaker earnings, cash halved-plus
approved 2018-03-26; registry 2018-04-09; journal 2018 253663
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT JAN KRISTIAN TAKVAM AS. Revenue 174.5k NOK → 2.20m NOK (+1162.9%). Net result +645.6k NOK → +471.9k NOK. Equity 747.3k NOK → 619.3k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKAT JAN KRISTIAN TAKVAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 174.5k NOK to 2.20m NOK (+1162.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +645.6k NOK → +471.9k NOK (net margin 369.9% → 21.4%). Calculated
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↓
Equity eroded
Book equity 747.3k NOK → 619.3k NOK (equity ratio 38.9% → 62.3%). Calculated
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↓
Cash fell
Bank deposits 1.22m NOK → 440.7k NOK (-63.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.22m NOK → 440.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 2 016 NOK → 1.12m NOK (1% → 51% of revenue). Calculated