ADVOKAT LARS HAUGEN AS: årsregnskap 2017 vs 2016
Shrank 17% on revenue, slipped into loss, cash halved-plus
approved 2018-04-25; registry 2018-05-08; journal 2018 312532
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT LARS HAUGEN AS. Revenue 234.8k NOK → 194.2k NOK (-17.3%). Net result +101.5k NOK → -20.2k NOK. Equity 72.0k NOK → 51.8k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
234.8k NOK
194.2k NOK
-17.3%
Net result
+101.5k NOK
-20.2k NOK
-119.9%
Equity
72.0k NOK
51.8k NOK
-28.0%
Cash
89.6k NOK
44.2k NOK
-50.7%
Total assets
184.7k NOK
151.0k NOK
-18.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 234.8k NOK to 194.2k NOK (-17.3% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 101.5k NOK profit to a loss of 20.2k NOK. Calculated
-
↓
Equity eroded
Book equity 72.0k NOK → 51.8k NOK (equity ratio 39.0% → 34.3%). Calculated
-
↓
Cash fell
Bank deposits 89.6k NOK → 44.2k NOK (-50.7% YoY). Calculated