FirmaIQ
Org.nr 913 879 805 2016 → 2017 Year-over-year analysis

ADVOKAT VEGARD AUSTGULEN AS: årsregnskap 2017 vs 2016

Shrank 10% on revenue, weaker earnings

approved 2018-04-30; registry 2018-05-08; journal 2018 319491

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT VEGARD AUSTGULEN AS. Revenue 1.95m NOK → 1.76m NOK (-9.7%). Net result +117.9k NOK → 0 NOK. Equity 147.3k NOK → 132.5k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT VEGARD AUSTGULEN AS.

At a glance

Scorecard

Revenue
1.95m NOK 1.76m NOK
-9.7%
Operating result
n/m +119.3k NOK
—
Net result
+117.9k NOK 0 NOK
-100.0%
Equity
147.3k NOK 132.5k NOK
-10.0%
Cash
322.3k NOK 411.6k NOK
+27.7%
Total assets
893.7k NOK 916.1k NOK
+2.5%

What improved

  • ↑

    Cash rose

    Bank deposits 322.3k NOK → 411.6k NOK (+27.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.95m NOK to 1.76m NOK (-9.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +117.9k NOK → 0 NOK (net margin 6.1% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 147.3k NOK → 132.5k NOK (equity ratio 16.5% → 14.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 42.9k NOK → 15.0k NOK. Reported fact