FirmaIQ
Org.nr 977 309 786 2016 → 2017 Year-over-year analysis

ADVOKAT, REVISOR RISHOVD AS: årsregnskap 2017 vs 2016

Shrank 65% on revenue, slipped into loss

approved 2018-03-09; registry 2018-03-19; journal 2018 235859

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT, REVISOR RISHOVD AS. Revenue 495.1k NOK → 175.2k NOK (-64.6%). Net result +2 016 NOK → -6 428 NOK. Equity 371.1k NOK → 364.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT, REVISOR RISHOVD AS.

At a glance

Scorecard

Revenue
495.1k NOK 175.2k NOK
-64.6%
Operating result
+98.8k NOK -10.2k NOK
-110.3%
Net result
+2 016 NOK -6 428 NOK
-418.8%
Equity
371.1k NOK 364.6k NOK
-1.7%
Cash
343.7k NOK 390.4k NOK
+13.6%
Total assets
724.4k NOK 409.5k NOK
-43.5%

What improved

  • ↑

    Cash rose

    Bank deposits 343.7k NOK → 390.4k NOK (+13.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 495.1k NOK to 175.2k NOK (-64.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +98.8k NOK → -10.2k NOK (op. margin 20.0% → -5.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 016 NOK profit to a loss of 6 428 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 371.1k NOK → 364.6k NOK (equity ratio 51.2% → 89.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 366.8k NOK → 124.3k NOK (-66.1% YoY). Calculated