ADVOKAT24 AS: årsregnskap 2017 vs 2016
Shrank 15% on revenue, cash halved-plus
approved 2018-04-30; registry 2018-05-08; journal 2018 319393
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT24 AS. Revenue 7.82m NOK → 6.65m NOK (-15.0%). Equity 1.65m NOK → 1.61m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 4.88m NOK → 4.03m NOK (62% → 61% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.82m NOK to 6.65m NOK (-15.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +600.1k NOK → +125.0k NOK (op. margin 7.7% → 1.9%). Calculated
-
↓
Equity eroded
Book equity 1.65m NOK → 1.61m NOK (equity ratio 35.0% → 32.0%). Calculated
-
↓
Cash fell
Bank deposits 817.2k NOK → 369.4k NOK (-54.8% YoY). Calculated