Org.nr 916 478 526 2016 → 2017 Year-over-year analysis

ADVOKAT VAHID ALA'I AS: årsregnskap 2017 vs 2016

Shrank 48% on revenue, weaker earnings

approved 2018-04-27; registry 2018-05-08; journal 2018 314859

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT VAHID ALA'I AS. Revenue 348.0k NOK → 182.6k NOK (-47.5%). Net result +79.8k NOK → +8 822 NOK. Equity 5.11m NOK → 118.6k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
348.0k NOK 182.6k NOK
-47.5%
Operating result
+107.1k NOK +12.3k NOK
-88.5%
Net result
+79.8k NOK +8 822 NOK
-88.9%
Equity
5.11m NOK 118.6k NOK
-97.7%
Cash
71.1k NOK 107.0k NOK
+50.6%
Total assets
168.8k NOK 143.3k NOK
-15.1%

What improved

  • ↑

    Cash rose

    Bank deposits 71.1k NOK → 107.0k NOK (+50.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 90.9k NOK → 17.6k NOK (26% → 10% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 348.0k NOK to 182.6k NOK (-47.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +107.1k NOK → +12.3k NOK (op. margin 30.8% → 6.7%). Calculated

  • ↓

    Net result weakened

    Net result +79.8k NOK → +8 822 NOK (net margin 22.9% → 4.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.11m NOK → 118.6k NOK (equity ratio 3027.0% → 82.8%). Calculated