Org.nr 998 468 272 2016 → 2017 Year-over-year analysis

ADVOKAT TARJEI AASEN AS: årsregnskap 2017 vs 2016

Grew 25% on revenue, cash halved-plus

approved 2018-04-30; registry 2018-05-08; journal 2018 319821

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT TARJEI AASEN AS. Revenue 3.73m NOK → 4.66m NOK (+24.8%). Equity 757.8k NOK → 1 106 NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT TARJEI AASEN AS.

At a glance

Revenue

3.73m NOK 4.66m NOK

+24.8%

Equity

757.8k NOK 1 106 NOK

-99.9%

Cash

711.8k NOK 87.1k NOK

-87.8%

Total assets

1.85m NOK 2.68m NOK

+44.4%

↑
Revenue rose

Operating income / revenue moved from 3.73m NOK to 4.66m NOK (+24.8% YoY). Calculated

↓
Equity eroded

Book equity 757.8k NOK → 1 106 NOK (equity ratio 40.9% → 0.0%). Calculated
↓
Cash fell

Bank deposits 711.8k NOK → 87.1k NOK (-87.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 1.96m NOK → 2.51m NOK (53% → 54% of revenue). Calculated