FirmaIQ
Org.nr 915 337 147 2016 → 2017 Year-over-year analysis

ADVOKAT TROND BITI AS: årsregnskap 2017 vs 2016

Another loss-making year

approved 2018-04-27; registry 2018-05-08; journal 2018 314939

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT TROND BITI AS. Revenue 2.43m NOK → 2.32m NOK (-4.6%). Net result -31.7k NOK → -32.0k NOK. Equity 102.9k NOK → 70.9k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT TROND BITI AS.

At a glance

Scorecard

Revenue
2.43m NOK 2.32m NOK
-4.6%
Operating result
-43.5k NOK -43.0k NOK
+1.2%
Net result
-31.7k NOK -32.0k NOK
-0.8%
Equity
102.9k NOK 70.9k NOK
-31.1%
Cash
22.3k NOK 428.4k NOK
+1825.0%
Total assets
1.15m NOK 834.2k NOK
-27.8%

What improved

  • ↑

    Operating result improved

    Operating result -43.5k NOK → -43.0k NOK (op. margin -1.8% → -1.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.3k NOK → 428.4k NOK (+1825.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.43m NOK to 2.32m NOK (-4.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 102.9k NOK → 70.9k NOK (equity ratio 8.9% → 8.5%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2 148 NOK → 19.4k NOK (+801.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation