ADVOKAT WIIK JOHANSEN AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-04-23; registry 2018-05-03; journal 2018 296503
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT WIIK JOHANSEN AS. Revenue 2.21m NOK → 2.22m NOK (+0.4%). Net result +241.2k NOK → +176.9k NOK. Equity 1.56m NOK → 1.74m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT WIIK JOHANSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.21m NOK to 2.22m NOK (+0.4% YoY). Calculated
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↑
Equity strengthened
Book equity 1.56m NOK → 1.74m NOK (equity ratio 77.3% → 81.2%). Calculated
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↑
Cash rose
Bank deposits 742.0k NOK → 777.7k NOK (+4.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +326.1k NOK → +213.8k NOK (op. margin 14.8% → 9.6%). Calculated
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↓
Net result weakened
Net result +241.2k NOK → +176.9k NOK (net margin 10.9% → 8.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.27m NOK → 1.37m NOK (57% → 62% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 441.0k NOK → 461.0k NOK. Reported fact