Org.nr 912 714 969 2016 → 2017 Year-over-year analysis

ADVOKAT LARS REINSNOS AS: årsregnskap 2017 vs 2016

Grew 44% on revenue, weaker earnings

approved 2018-04-26; registry 2018-05-07; journal 2018 309924

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT LARS REINSNOS AS. Revenue 2.45m NOK → 3.54m NOK (+44.4%). Net result +913.3k NOK → +1 558 NOK. Equity 1.54m NOK → 1.75m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT LARS REINSNOS AS.

Scorecard

Revenue
2.45m NOK 3.54m NOK
+44.4%
Net result
+913.3k NOK +1 558 NOK
-99.8%
Equity
1.54m NOK 1.75m NOK
+13.6%
Cash
335.4k NOK 724.0k NOK
+115.9%
Total assets
2.04m NOK 3.36m NOK
+64.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.45m NOK to 3.54m NOK (+44.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.54m NOK → 1.75m NOK (equity ratio 75.4% → 52.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 335.4k NOK → 724.0k NOK (+115.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +913.3k NOK → +1 558 NOK (net margin 37.3% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 584.9k NOK → 661.5k NOK (24% → 19% of revenue). Calculated