ADVOKAT SIGNE BLEKASTAD AS: årsregnskap 2017 vs 2016
Shrank 90% on revenue, slipped into loss, cash halved-plus
approved 2018-04-30; registry 2018-05-08; journal 2018 323665
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT SIGNE BLEKASTAD AS. Revenue 1.42m NOK → 145.9k NOK (-89.7%). Net result +9 799 NOK → -96.6k NOK. Equity 82.2k NOK → -14.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKAT SIGNE BLEKASTAD AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 936.7k NOK → 842.8k NOK (66% → 578% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.42m NOK to 145.9k NOK (-89.7% YoY). Calculated
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↓
Operating result weakened
Operating result +16.3k NOK → -120.8k NOK (op. margin 1.2% → -82.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 9 799 NOK profit to a loss of 96.6k NOK. Calculated
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↓
Equity eroded
Book equity 82.2k NOK → -14.4k NOK (equity ratio 16.6% → -4.4%). Calculated
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↓
Cash fell
Bank deposits 35.72bn NOK → 4 NOK (-100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (35.72bn NOK → 4 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation