ADVOKATENE CLEMETSEN & MOHAMMAD AS: årsregnskap 2017 vs 2016
Shrank 23% on revenue, stronger earnings
approved 2018-10-15; registry 2018-10-22; journal 2018 930264
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATENE CLEMETSEN & MOHAMMAD AS. Revenue 1.95m NOK → 1.51m NOK (-22.8%). Net result +57.3k NOK → +6.11m NOK. Equity 193.3k NOK → 303.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +76.0k NOK → +143.5k NOK (op. margin 3.9% → 9.5%). Calculated
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↑
Net result improved
Net result +57.3k NOK → +6.11m NOK (net margin 2.9% → 404.8%). Calculated
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↑
Equity strengthened
Book equity 193.3k NOK → 303.3k NOK (equity ratio 34.0% → 51.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.95m NOK to 1.51m NOK (-22.8% YoY). Calculated
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↓
Cash fell
Bank deposits 365.9k NOK → 273.0k NOK (-25.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.34m NOK → 2.78m NOK (69% → 184% of revenue). Calculated