FirmaIQ
Org.nr 994 267 256 2016 → 2017 Year-over-year analysis

ADVOKATENE SVEEN AS: årsregnskap 2017 vs 2016

Grew 24% on revenue, returned to profit

approved 2018-04-16; registry 2018-05-08; journal 2018 319497

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATENE SVEEN AS. Revenue 2.70m NOK → 3.37m NOK (+24.5%). Net result -12.4k NOK → +389.6k NOK. Equity 460.2k NOK → 849.8k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE SVEEN AS.

At a glance

Scorecard

Revenue
2.70m NOK 3.37m NOK
+24.5%
Operating result
+28.2k NOK +532.0k NOK
+1784.6%
Net result
-12.4k NOK +389.6k NOK
+3247.6%
Equity
460.2k NOK 849.8k NOK
+84.7%
Cash
92.7k NOK 144.7k NOK
+56.1%
Total assets
1.16m NOK 1.51m NOK
+29.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.70m NOK to 3.37m NOK (+24.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +28.2k NOK → +532.0k NOK (op. margin 1.0% → 15.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 12.4k NOK to a profit of 389.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 460.2k NOK → 849.8k NOK (equity ratio 39.6% → 56.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 92.7k NOK → 144.7k NOK (+56.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.88m NOK → 1.95m NOK (70% → 58% of revenue). Calculated