ADVOKAT MARIT ERIKSSON AS: årsregnskap 2017 vs 2016
Grew 708% on revenue
approved 2018-04-24; registry 2018-05-07; journal 2018 303187
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT MARIT ERIKSSON AS. Revenue 85.5k NOK → 690.7k NOK (+708.2%). Equity 67.4k NOK → -12.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKAT MARIT ERIKSSON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 85.5k NOK to 690.7k NOK (+708.2% YoY). Calculated
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↑
Cash rose
Bank deposits 33.0k NOK → 59.1k NOK (+79.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 67.4k NOK → -12.9k NOK (equity ratio 23.4% → -8.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 52.8k NOK → 32.8k NOK (-37.8% YoY). Calculated