FirmaIQ
Org.nr 988 603 627 2016 → 2017 Year-over-year analysis

ADVOKAT MADS TORRISSEN AS: årsregnskap 2017 vs 2016

Grew 432% on revenue, stronger earnings

approved 2018-04-18; registry 2018-04-26; journal 2018 287465

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT MADS TORRISSEN AS. Revenue 227.4k NOK → 1.21m NOK (+432.1%). Net result +55.6k NOK → +252.2k NOK. Equity 406.7k NOK → 658.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT MADS TORRISSEN AS.

At a glance

Scorecard

Revenue
227.4k NOK 1.21m NOK
+432.1%
Operating result
+28.6k NOK +315.4k NOK
+1001.4%
Net result
+55.6k NOK +252.2k NOK
+354.0%
Equity
406.7k NOK 658.9k NOK
+62.0%
Cash
45.9k NOK 739.8k NOK
+1513.4%
Total assets
1.10m NOK 935.3k NOK
-15.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 227.4k NOK to 1.21m NOK (+432.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +28.6k NOK → +315.4k NOK (op. margin 12.6% → 26.1%). Calculated

  • ↑

    Net result improved

    Net result +55.6k NOK → +252.2k NOK (net margin 24.4% → 20.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 406.7k NOK → 658.9k NOK (equity ratio 36.9% → 70.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 45.9k NOK → 739.8k NOK (+1513.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 026 NOK → 5 161 NOK. Reported fact