FirmaIQ
Org.nr 914 320 763 2016 → 2017 Year-over-year analysis

ADVOKATENE BERG DITLEV-SIMONSEN AS: årsregnskap 2017 vs 2016

Grew 23% on revenue

approved 2018-04-13; registry 2018-05-02; journal 2018 293510

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATENE BERG DITLEV-SIMONSEN AS. Revenue 6.99m NOK → 8.60m NOK (+23.1%). Equity 438.3k NOK → 314.0k NOK.

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

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATENE BERG DITLEV-SIMONSEN AS.

At a glance

Scorecard

Revenue
6.99m NOK 8.60m NOK
+23.1%
Operating result
+3.07m NOK +3.78m NOK
+23.3%
Net result
n/m +2.88m NOK
—
Equity
438.3k NOK 314.0k NOK
-28.3%
Cash
3.01m NOK 1.81m NOK
-39.7%
Total assets
4.12m NOK 5.01m NOK
+21.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.99m NOK to 8.60m NOK (+23.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.07m NOK → +3.78m NOK (op. margin 43.9% → 44.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 438.3k NOK → 314.0k NOK (equity ratio 10.6% → 6.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.01m NOK → 1.81m NOK (-39.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2.29m NOK → 2.99m NOK (33% → 35% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 297.0k NOK → 300.0k NOK. Reported fact