FirmaIQ
Org.nr 917 338 159 2016 → 2017 Year-over-year analysis

ADVOKAT MARIANNE FARSTAD AS: årsregnskap 2017 vs 2016

Shrank 44% on revenue, stronger earnings

approved 2018-01-31; registry 2018-03-22; journal 2018 241375

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT MARIANNE FARSTAD AS. Revenue 751.2k NOK → 420.1k NOK (-44.1%). Net result +7 445 NOK → +232.4k NOK. Equity 266.6k NOK → 499.0k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
751.2k NOK 420.1k NOK
-44.1%
Operating result
+324.4k NOK n/m
—
Net result
+7 445 NOK +232.4k NOK
+3021.8%
Equity
266.6k NOK 499.0k NOK
+87.2%
Cash
93.8k NOK 256.8k NOK
+173.7%
Total assets
505.5k NOK 40.5k NOK
-92.0%

What improved

  • ↑

    Net result improved

    Net result +7 445 NOK → +232.4k NOK (net margin 1.0% → 55.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 266.6k NOK → 499.0k NOK (equity ratio 52.7% → 1233.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 93.8k NOK → 256.8k NOK (+173.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.26m NOK → 3 NOK (434% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 751.2k NOK to 420.1k NOK (-44.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.12× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated