ADVOKAT WENCHE LØSET AS: årsregnskap 2017 vs 2016
Shrank 39% on revenue, weaker earnings
approved 2018-04-23; registry 2018-05-05; journal 2018 298460
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT WENCHE LØSET AS. Revenue 512.1k NOK → 312.8k NOK (-38.9%). Net result +213.2k NOK → +95.3k NOK. Equity 570.4k NOK → 546.7k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +28.2k NOK → +121.3k NOK (op. margin 5.5% → 38.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 512.1k NOK to 312.8k NOK (-38.9% YoY). Calculated
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↓
Net result weakened
Net result +213.2k NOK → +95.3k NOK (net margin 41.6% → 30.5%). Calculated
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↓
Equity eroded
Book equity 570.4k NOK → 546.7k NOK (equity ratio 70.3% → 74.3%). Calculated
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↓
Cash fell
Bank deposits 686.0k NOK → 555.8k NOK (-19.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 759.4k NOK → 765.8k NOK (148% → 245% of revenue). Calculated