ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2017 vs 2016
Grew 14% on revenue, slipped into loss
approved 2018-04-27; registry 2018-05-08; journal 2018 312442
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 869.1k NOK → 990.1k NOK (+13.9%). Net result +28.2k NOK → -28.3k NOK. Equity 117.7k NOK → 89.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA BJØRN H. LARSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 869.1k NOK to 990.1k NOK (+13.9% YoY). Calculated
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↑
Cash rose
Bank deposits 25.0k NOK → 29.7k NOK (+18.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +79.9k NOK → +6 291 NOK (op. margin 9.2% → 0.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 28.2k NOK profit to a loss of 28.3k NOK. Calculated
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↓
Equity eroded
Book equity 117.7k NOK → 89.4k NOK (equity ratio 23.2% → 16.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 324.0k NOK → 484.7k NOK (37% → 49% of revenue). Calculated