FirmaIQ
Org.nr 912 177 033 2016 → 2017 Year-over-year analysis

ADVOKAT JØRGEN RIPLE AS: årsregnskap 2017 vs 2016

Shrank 20% on revenue, slipped into loss, cash halved-plus

approved 2018-04-23; registry 2018-05-03; journal 2018 295219

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT JØRGEN RIPLE AS. Revenue 7.94m NOK → 6.35m NOK (-20.1%). Net result +570.4k NOK → -738.2k NOK. Equity 757.7k NOK → 19.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT JØRGEN RIPLE AS.

At a glance

Scorecard

Revenue
7.94m NOK 6.35m NOK
-20.1%
Operating result
+798.4k NOK -707.3k NOK
-188.6%
Net result
+570.4k NOK -738.2k NOK
-229.4%
Equity
757.7k NOK 19.5k NOK
-97.4%
Cash
984.5k NOK 281.3k NOK
-71.4%
Total assets
2.62m NOK 2.76m NOK
+5.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.94m NOK to 6.35m NOK (-20.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +798.4k NOK → -707.3k NOK (op. margin 10.1% → -11.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 570.4k NOK profit to a loss of 738.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 757.7k NOK → 19.5k NOK (equity ratio 28.9% → 0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 984.5k NOK → 281.3k NOK (-71.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation