Org.nr 944 788 573 2016 → 2017 Year-over-year analysis

ADVOKATENE LÆGLAND, KOSBERG & HANISCH AS: årsregnskap 2017 vs 2016

Grew 6% on revenue

approved 2018-02-21; registry 2018-03-19; journal 2018 235244

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATENE LÆGLAND, KOSBERG & HANISCH AS. Revenue 6.07m NOK → 6.42m NOK (+5.8%). Equity 4.94m NOK → 153.9k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE LÆGLAND, KOSBERG & HANISCH AS.

Scorecard

Revenue
6.07m NOK 6.42m NOK
+5.8%
Equity
4.94m NOK 153.9k NOK
-96.9%
Cash
1.31m NOK 950.9k NOK
-27.4%
Total assets
3.32m NOK 3.52m NOK
+6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.07m NOK to 6.42m NOK (+5.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.77m NOK → 3.76m NOK (62% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.94m NOK → 153.9k NOK (equity ratio 148.7% → 4.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.31m NOK → 950.9k NOK (-27.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation