Org.nr 989 362 968 2016 → 2017 Year-over-year analysis

ADVOKAT PETTER MELLO AS: årsregnskap 2017 vs 2016

Shrank 16% on revenue

approved 2018-04-24; registry 2018-05-05; journal 2018 297654

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT PETTER MELLO AS. Revenue 1.62m NOK → 1.36m NOK (-15.6%). Equity 817.5k NOK → 679.6k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT PETTER MELLO AS.

At a glance

Revenue

1.62m NOK 1.36m NOK

-15.6%

Operating result

+215.2k NOK n/m

—

Net result

+215.3k NOK n/m

—

Equity

817.5k NOK 679.6k NOK

-16.9%

Cash

376.0k NOK 393.3k NOK

+4.6%

Total assets

1.14m NOK 1.00m NOK

-12.0%

↑
Cash rose

Bank deposits 376.0k NOK → 393.3k NOK (+4.6% YoY). Calculated
↑
Payroll decreased

Salary cost 4.70m NOK → 4.68m NOK (291% → 343% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.62m NOK to 1.36m NOK (-15.6% YoY). Calculated
↓
Equity eroded

Book equity 817.5k NOK → 679.6k NOK (equity ratio 71.8% → 67.8%). Calculated