ADVOKAT STIG E. MORTENSEN AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-01-31; registry 2018-03-19; journal 2018 235358
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT STIG E. MORTENSEN AS. Revenue 2.25m NOK → 2.36m NOK (+4.8%). Equity 1.14m NOK → 1.33m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT STIG E. MORTENSEN AS.
At a glance
Scorecard
Revenue
2.25m NOK
2.36m NOK
+4.8%
Operating result
+61.5k NOK
n/m
—
Net result
+60.0k NOK
n/m
—
Equity
1.14m NOK
1.33m NOK
+16.7%
Cash
549.3k NOK
8 NOK
-100.0%
Total assets
532.0k NOK
1.86m NOK
+250.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.25m NOK to 2.36m NOK (+4.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.14m NOK → 1.33m NOK (equity ratio 215.0% → 71.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 549.3k NOK → 8 NOK (-100.0% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.63m NOK → 1.72m NOK (73% → 73% of revenue). Calculated