Org.nr 989 186 558 2016 → 2017 Year-over-year analysis

ADVOKAT SOLVEIG EKEBERG AS: årsregnskap 2017 vs 2016

Shrank 18% on revenue, cash halved-plus

approved 2018-04-30; registry 2018-05-08; journal 2018 318203

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT SOLVEIG EKEBERG AS. Revenue 1.73m NOK → 1.42m NOK (-17.8%). Equity 7.23m NOK → 7.80m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKAT SOLVEIG EKEBERG AS.

Scorecard

Revenue
1.73m NOK 1.42m NOK
-17.8%
Operating result
+354.0k NOK +684.0k NOK
+93.2%
Net result
n/m +567.2k NOK
—
Equity
7.23m NOK 7.80m NOK
+7.8%
Cash
29.21m NOK 331.9k NOK
-98.9%
Total assets
36.86m NOK 8.02m NOK
-78.2%

What improved

  • ↑

    Operating result improved

    Operating result +354.0k NOK → +684.0k NOK (op. margin 20.4% → 48.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.23m NOK → 7.80m NOK (equity ratio 19.6% → 97.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.73m NOK to 1.42m NOK (-17.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 29.21m NOK → 331.9k NOK (-98.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (29.21m NOK → 331.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.52m NOK → 3.59m NOK. Reported fact