ADVOKATFIRMA FOLSERAAS AS: årsregnskap 2017 vs 2016
Grew 25% on revenue, stronger earnings
approved 2018-04-30; registry 2018-05-08; journal 2018 315955
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA FOLSERAAS AS. Revenue 1.60m NOK → 2.00m NOK (+25.3%). Net result +170.2k NOK → +430.1k NOK. Equity 513.2k NOK → 543.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA FOLSERAAS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.60m NOK to 2.00m NOK (+25.3% YoY). Calculated
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Operating result improved
Operating result +229.6k NOK → +564.3k NOK (op. margin 14.4% → 28.2%). Calculated
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Net result improved
Net result +170.2k NOK → +430.1k NOK (net margin 10.7% → 21.5%). Calculated
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Equity strengthened
Book equity 513.2k NOK → 543.3k NOK (equity ratio 61.7% → 48679.5%). Calculated
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Cash rose
Bank deposits 468.2k NOK → 751.3k NOK (+60.5% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.58× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 923.8k NOK → 929.7k NOK (58% → 46% of revenue). Calculated