ADVOKAT MAGNHILD MERINGEN AS: årsregnskap 2017 vs 2016
Shrank 16% on revenue, stronger earnings
approved 2018-04-19; registry 2018-05-08; journal 2018 313347
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT MAGNHILD MERINGEN AS. Revenue 2.22m NOK → 1.86m NOK (-16.0%). Net result +139.3k NOK → +398.0k NOK. Equity 755.8k NOK → 1.05m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +130.5k NOK → +466.9k NOK (op. margin 5.9% → 25.1%). Calculated
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↑
Net result improved
Net result +139.3k NOK → +398.0k NOK (net margin 6.3% → 21.4%). Calculated
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↑
Equity strengthened
Book equity 755.8k NOK → 1.05m NOK (equity ratio 29.4% → 44.3%). Calculated
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Payroll decreased
Salary cost 1.56m NOK → 1.02m NOK (70% → 55% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.22m NOK to 1.86m NOK (-16.0% YoY). Calculated
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↓
Cash fell
Bank deposits 475.0k NOK → 241.5k NOK (-49.2% YoY). Calculated