ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2017 vs 2016
Slipped into loss
approved 2018-04-20; registry 2018-05-05; journal 2018 298106
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 2.13m NOK → 2.05m NOK (-3.5%). Net result +145.6k NOK → -28.2k NOK. Equity 201.6k NOK → 173.5k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -130.5k NOK → -11.9k NOK (op. margin -6.1% → -0.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.13m NOK to 2.05m NOK (-3.5% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 145.6k NOK profit to a loss of 28.2k NOK. Calculated
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↓
Equity eroded
Book equity 201.6k NOK → 173.5k NOK (equity ratio 47.3% → 11.9%). Calculated
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↓
Cash fell
Bank deposits 63.0k NOK → 49.0k NOK (-22.2% YoY). Calculated