Org.nr 989 164 910 2016 → 2017 Year-over-year analysis

ADVOKATDIREKTE AS: årsregnskap 2017 vs 2016

Shrank 21% on revenue, stronger earnings

approved 2018-04-26; registry 2018-05-07; journal 2018 308452

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATDIREKTE AS. Revenue 2.86m NOK → 2.24m NOK (-21.5%). Net result +28.0k NOK → +75.2k NOK. Equity 301.7k NOK → 371.8k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

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

Scorecard

Revenue
2.86m NOK 2.24m NOK
-21.5%
Operating result
n/m +364.4k NOK
—
Net result
+28.0k NOK +75.2k NOK
+168.5%
Equity
301.7k NOK 371.8k NOK
+23.3%
Cash
157.3k NOK 376.8k NOK
+139.6%
Total assets
1.35m NOK 1.23m NOK
-8.4%

What improved

  • ↑

    Net result improved

    Net result +28.0k NOK → +75.2k NOK (net margin 1.0% → 3.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 301.7k NOK → 371.8k NOK (equity ratio 22.4% → 30.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 157.3k NOK → 376.8k NOK (+139.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.86m NOK to 2.24m NOK (-21.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 175 NOK → 1.87m NOK (0% → 84% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 71.0k NOK → 72.5k NOK. Reported fact