ADVOKAT KJELL-ARNE MATHISEN AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue
approved 2018-04-30; registry 2018-05-08; journal 2018 318409
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT KJELL-ARNE MATHISEN AS. Revenue 616.8k NOK → 1 132 NOK (-99.8%). Net result +2 017 NOK → +2 018 NOK. Equity 22.3k NOK → 32.7k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 22.3k NOK → 32.7k NOK (equity ratio 14.3% → 12.3%). Calculated
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↑
Cash rose
Bank deposits 132.9k NOK → 177.5k NOK (+33.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 616.8k NOK to 1 132 NOK (-99.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1 408 NOK → 687.9k NOK (0% → 60767% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 13.9k NOK → 72.0k NOK (+417.8% YoY). Calculated