ADVOKAT TOR RIKARD EVENSEN AS: årsregnskap 2017 vs 2016
Shrank 14% on revenue, slipped into loss
approved 2018-04-30; registry 2018-05-08; journal 2018 318799
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT TOR RIKARD EVENSEN AS. Revenue 2.49m NOK → 2.14m NOK (-14.1%). Net result +213.3k NOK → -271.2k NOK. Equity 786.0k NOK → 514.7k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKAT TOR RIKARD EVENSEN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 2.41×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.49m NOK to 2.14m NOK (-14.1% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 213.3k NOK profit to a loss of 271.2k NOK. Calculated
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↓
Equity eroded
Book equity 786.0k NOK → 514.7k NOK (equity ratio 467.1% → 60.5%). Calculated
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↓
Cash fell
Bank deposits 229.6k NOK → 227.0k NOK (-1.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 1.52m NOK (0% → 71% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 130.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 211.0k NOK → 32.3k NOK. Reported fact