ADVOKAT SIRI ØVSTEBØ AS: årsregnskap 2017 vs 2016
Shrank 18% on revenue
approved 2018-07-11; registry 2018-07-23; journal 2018 758344
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT SIRI ØVSTEBØ AS. Revenue 1.45m NOK → 1.19m NOK (-17.8%). Equity 101.0k NOK → 96.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT SIRI ØVSTEBØ AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 965.3k NOK → 612.6k NOK (67% → 51% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.45m NOK to 1.19m NOK (-17.8% YoY). Calculated
-
↓
Equity eroded
Book equity 101.0k NOK → 96.9k NOK (equity ratio 14.4% → 15.4%). Calculated
-
↓
Cash fell
Bank deposits 55.2k NOK → 28.1k NOK (-49.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 101.0k NOK → 96.9k NOK — check capital reduction, conversion, or reclassification. Interpretation