ADVOKAT PER ANDERS LØVSLETTEN AS: årsregnskap 2017 vs 2016
Grew 18% on revenue, weaker earnings
approved 2018-04-27; registry 2018-05-08; journal 2018 314923
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT PER ANDERS LØVSLETTEN AS. Revenue 600.8k NOK → 707.5k NOK (+17.8%). Net result +162.5k NOK → +117.7k NOK. Equity 622.5k NOK → 380.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT PER ANDERS LØVSLETTEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 600.8k NOK to 707.5k NOK (+17.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +216.2k NOK → +159.1k NOK (op. margin 36.0% → 22.5%). Calculated
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↓
Net result weakened
Net result +162.5k NOK → +117.7k NOK (net margin 27.0% → 16.6%). Calculated
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↓
Equity eroded
Book equity 622.5k NOK → 380.2k NOK (equity ratio 82.0% → 66.5%). Calculated
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↓
Cash fell
Bank deposits 531.4k NOK → 333.9k NOK (-37.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 194.4k NOK → 341.7k NOK (32% → 48% of revenue). Calculated