ADVOKAT SVEIN DRANGEID AS: årsregnskap 2017 vs 2016
Grew 62321% on revenue, cash halved-plus
approved 2018-04-30; registry 2018-05-08; journal 2018 315225
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT SVEIN DRANGEID AS. Revenue 2 746 NOK → 1.71m NOK (+62321.0%). Equity 6.35m NOK → 325.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SVEIN DRANGEID AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 746 NOK to 1.71m NOK (+62321.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +431.4k NOK → +294.0k NOK (op. margin 15711.9% → 17.2%). Calculated
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↓
Equity eroded
Book equity 6.35m NOK → 325.3k NOK (equity ratio 1093.4% → 40.5%). Calculated
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↓
Cash fell
Bank deposits 221.4k NOK → 31.8k NOK (-85.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 214.8k NOK → 948.0k NOK (7821% → 55% of revenue). Calculated