FirmaIQ
Org.nr 991 556 664 2016 → 2017 Year-over-year analysis

ADVOKATENE HOVDE MNA AS: årsregnskap 2017 vs 2016

Grew 12% on revenue, stronger earnings

approved 2018-04-25; registry 2018-05-08; journal 2018 313096

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATENE HOVDE MNA AS. Revenue 3.76m NOK → 4.22m NOK (+12.0%). Net result +96.0k NOK → +477.7k NOK. Equity 667.2k NOK → 744.9k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.76m NOK 4.22m NOK
+12.0%
Net result
+96.0k NOK +477.7k NOK
+397.5%
Equity
667.2k NOK 744.9k NOK
+11.6%
Cash
501.6k NOK 620.9k NOK
+23.8%
Total assets
2.26m NOK 2.39m NOK
+5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.76m NOK to 4.22m NOK (+12.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +96.0k NOK → +477.7k NOK (net margin 2.6% → 11.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 667.2k NOK → 744.9k NOK (equity ratio 29.5% → 31.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 501.6k NOK → 620.9k NOK (+23.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.55m NOK → 2.43m NOK (68% → 58% of revenue). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated