ADVOKATFIRMA FONN AS: årsregnskap 2017 vs 2016
Shrank 20% on revenue, cash halved-plus
approved 2018-04-25; registry 2018-05-07; journal 2018 304449
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA FONN AS. Revenue 3.21m NOK → 2.58m NOK (-19.7%).
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA FONN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.98× → 1.01×. Calculated
-
↑
Payroll decreased
Salary cost 1.65m NOK → 1.62m NOK (51% → 63% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.21m NOK to 2.58m NOK (-19.7% YoY). Calculated
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↓
Cash fell
Bank deposits 521.6k NOK → 234.8k NOK (-55.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.16m NOK → 1.13m NOK. Reported fact