Org.nr 996 242 307 2016 → 2017 Year-over-year analysis

ADVOKATENE BORGERSEN & STEINSVÅG AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-03-26; registry 2018-04-24; journal 2018 280808

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATENE BORGERSEN & STEINSVÅG AS. Revenue 4.83m NOK → 4.64m NOK (-3.9%). Net result +469.1k NOK → +734.9k NOK. Equity 401.4k NOK → 2.14m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
4.83m NOK 4.64m NOK
-3.9%
Operating result
+619.4k NOK +958.7k NOK
+54.8%
Net result
+469.1k NOK +734.9k NOK
+56.7%
Equity
401.4k NOK 2.14m NOK
+432.3%
Cash
270.4k NOK 965.7k NOK
+257.1%
Total assets
3.34m NOK 4.33m NOK
+29.7%

What improved

  • ↑

    Operating result improved

    Operating result +619.4k NOK → +958.7k NOK (op. margin 12.8% → 20.7%). Calculated

  • ↑

    Net result improved

    Net result +469.1k NOK → +734.9k NOK (net margin 9.7% → 15.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 401.4k NOK → 2.14m NOK (equity ratio 12.0% → 49.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 270.4k NOK → 965.7k NOK (+257.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.87m NOK → 2.42m NOK (59% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.83m NOK to 4.64m NOK (-3.9% YoY). Calculated