FirmaIQ
Org.nr 997 282 612 2016 → 2017 Year-over-year analysis

ADVOKAT MARTIN KR. FEET AS: årsregnskap 2017 vs 2016

Grew 344% on revenue

approved 2018-04-11; registry 2018-05-08; journal 2018 317013

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT MARTIN KR. FEET AS. Revenue 513.7k NOK → 2.28m NOK (+343.9%). Equity 723.9k NOK → 630.5k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
513.7k NOK 2.28m NOK
+343.9%
Operating result
+15.8k NOK +272.2k NOK
+1621.4%
Equity
723.9k NOK 630.5k NOK
-12.9%
Cash
858.8k NOK 981.3k NOK
+14.3%
Total assets
357.7k NOK 1.73m NOK
+383.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 513.7k NOK to 2.28m NOK (+343.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +15.8k NOK → +272.2k NOK (op. margin 3.1% → 11.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 858.8k NOK → 981.3k NOK (+14.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.44× → 17.04×. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.96m NOK → 1.41m NOK (771% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 723.9k NOK → 630.5k NOK (equity ratio 202.4% → 36.5%). Calculated