ADVOKAT TORE SVEEN AS: årsregnskap 2017 vs 2016
Stronger earnings
approved 2018-06-28; registry 2018-07-23; journal 2018 755517
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT TORE SVEEN AS. Revenue 226.3k NOK → 222.6k NOK (-1.6%). Net result +388.1k NOK → +841.6k NOK. Equity 1.54m NOK → 2.38m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT TORE SVEEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +388.1k NOK → +841.6k NOK (net margin 171.5% → 378.1%). Calculated
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↑
Equity strengthened
Book equity 1.54m NOK → 2.38m NOK (equity ratio 29.2% → 36.8%). Calculated
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↑
Cash rose
Bank deposits 191.4k NOK → 738.6k NOK (+285.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 31.7k NOK → 22.2k NOK (14% → 10% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 226.3k NOK to 222.6k NOK (-1.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.0k NOK → 4 000 NOK (-60.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 19.8k NOK → 226.4k NOK. Reported fact