Org.nr 990 835 470 2016 → 2017 Year-over-year analysis

ADVOKAT LEIF DRILLESTAD AS: årsregnskap 2017 vs 2016

Grew 70% on revenue, cash halved-plus

approved 2018-04-12; registry 2018-05-07; journal 2018 311352

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT LEIF DRILLESTAD AS. Revenue 768.4k NOK → 1.30m NOK (+69.7%). Equity 674.6k NOK → 643.2k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

768.4k NOK 1.30m NOK

+69.7%

Operating result

n/m +152.8k NOK

—

Net result

n/m +118.5k NOK

—

Equity

674.6k NOK 643.2k NOK

-4.7%

Cash

444.3k NOK 218.3k NOK

-50.9%

Total assets

1.05m NOK 984.9k NOK

-6.3%

↑
Revenue rose

Operating income / revenue moved from 768.4k NOK to 1.30m NOK (+69.7% YoY). Calculated

↓
Equity eroded

Book equity 674.6k NOK → 643.2k NOK (equity ratio 64.2% → 65.3%). Calculated
↓
Cash fell

Bank deposits 444.3k NOK → 218.3k NOK (-50.9% YoY). Calculated

·
Payroll increased

Salary cost 7 879 NOK → 765.4k NOK (1% → 59% of revenue). Calculated