ADVOKAT SCHEI AS: årsregnskap 2017 vs 2016
Shrank 60% on revenue, slipped into loss, cash halved-plus
approved 2018-04-16; registry 2018-05-03; journal 2018 294987
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT SCHEI AS. Revenue 737.8k NOK → 298.5k NOK (-59.5%). Net result +99.0k NOK → -227.3k NOK. Equity 257.8k NOK → 30.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 737.8k NOK to 298.5k NOK (-59.5% YoY). Calculated
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Operating result weakened
Operating result +140.8k NOK → -229.1k NOK (op. margin 19.1% → -76.8%). Calculated
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Fell into a net loss
Net result flipped from 99.0k NOK profit to a loss of 227.3k NOK. Calculated
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Equity eroded
Book equity 257.8k NOK → 30.5k NOK (equity ratio 63.8% → 26.8%). Calculated
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Cash fell
Bank deposits 158.9k NOK → 40.0k NOK (-74.9% YoY). Calculated