FirmaIQ
Org.nr 916 865 406 2016 → 2017 Year-over-year analysis

ADVOKAT NJÅL ØDEGÅRD AS: årsregnskap 2017 vs 2016

Shrank 96% on revenue, weaker earnings, cash halved-plus

approved 2018-06-26; registry 2018-07-02; journal 2018 604292

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT NJÅL ØDEGÅRD AS. Revenue 1.72m NOK → 62.0k NOK (-96.4%). Net result +297.3k NOK → +96.5k NOK. Equity 327.3k NOK → 30.8k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.72m NOK 62.0k NOK
-96.4%
Operating result
+400.3k NOK -97.2k NOK
-124.3%
Net result
+297.3k NOK +96.5k NOK
-67.5%
Equity
327.3k NOK 30.8k NOK
-90.6%
Cash
302.0k NOK 7 415 NOK
-97.5%
Total assets
453.2k NOK 7 415 NOK
-98.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.72m NOK to 62.0k NOK (-96.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +400.3k NOK → -97.2k NOK (op. margin 23.3% → -156.7%). Calculated

  • ↓

    Net result weakened

    Net result +297.3k NOK → +96.5k NOK (net margin 17.3% → 155.7%). Calculated

  • ↓

    Equity eroded

    Book equity 327.3k NOK → 30.8k NOK (equity ratio 72.2% → 414.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 302.0k NOK → 7 415 NOK (-97.5% YoY). Calculated