Org.nr 997 066 766 2016 → 2017 Year-over-year analysis

ADVOKAT KJELL MYRLAND AS: årsregnskap 2017 vs 2016

Shrank 12% on revenue

approved 2018-04-14; registry 2018-05-05; journal 2018 299462

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT KJELL MYRLAND AS. Revenue 2.80m NOK → 2.47m NOK (-11.6%). Equity 498.7k NOK → 658.7k NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Revenue

2.80m NOK 2.47m NOK

-11.6%

Operating result

+208.2k NOK +414.0k NOK

+98.8%

Equity

498.7k NOK 658.7k NOK

+32.1%

Cash

419.8k NOK 252.7k NOK

-39.8%

Total assets

1.14m NOK 1.11m NOK

-2.7%

↑
Operating result improved

Operating result +208.2k NOK → +414.0k NOK (op. margin 7.4% → 16.7%). Calculated
↑
Equity strengthened

Book equity 498.7k NOK → 658.7k NOK (equity ratio 43.8% → 59.5%). Calculated
↑
Payroll decreased

Salary cost 5.15m NOK → 1.73m NOK (184% → 70% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.80m NOK to 2.47m NOK (-11.6% YoY). Calculated
↓
Cash fell

Bank deposits 419.8k NOK → 252.7k NOK (-39.8% YoY). Calculated