ADVOKAT NADHEIM AS: årsregnskap 2017 vs 2016
Shrank 59% on revenue, weaker earnings, cash halved-plus
approved 2018-04-12; registry 2018-05-08; journal 2018 319229
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT NADHEIM AS. Revenue 1.82m NOK → 750.3k NOK (-58.8%). Net result +60.6k NOK → +15.5k NOK. Equity 461.4k NOK → 107.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT NADHEIM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.82m NOK to 750.3k NOK (-58.8% YoY). Calculated
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↓
Operating result weakened
Operating result +77.6k NOK → +49.3k NOK (op. margin 4.3% → 6.6%). Calculated
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↓
Net result weakened
Net result +60.6k NOK → +15.5k NOK (net margin 3.3% → 2.1%). Calculated
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↓
Equity eroded
Book equity 461.4k NOK → 107.0k NOK (equity ratio 49.2% → 13.7%). Calculated
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↓
Cash fell
Bank deposits 682.9k NOK → 157.9k NOK (-76.9% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 400.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation