FirmaIQ
Org.nr 912 016 056 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA FREIBU AS: årsregnskap 2017 vs 2016

Shrank 6% on revenue, stronger earnings

approved 2018-04-27; registry 2018-05-08; journal 2018 312542

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA FREIBU AS. Revenue 3.87m NOK → 3.65m NOK (-5.5%). Net result +463.6k NOK → +988.5k NOK. Equity 3.77m NOK → 4.63m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.87m NOK 3.65m NOK
-5.5%
Operating result
+616.7k NOK +785.5k NOK
+27.4%
Net result
+463.6k NOK +988.5k NOK
+113.2%
Equity
3.77m NOK 4.63m NOK
+22.8%
Cash
855.2k NOK 890.9k NOK
+4.2%
Total assets
6.47m NOK 5.36m NOK
-17.1%

What improved

  • ↑

    Operating result improved

    Operating result +616.7k NOK → +785.5k NOK (op. margin 15.9% → 21.5%). Calculated

  • ↑

    Net result improved

    Net result +463.6k NOK → +988.5k NOK (net margin 12.0% → 27.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.77m NOK → 4.63m NOK (equity ratio 58.2% → 86.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 855.2k NOK → 890.9k NOK (+4.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.77× → 1.62×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.87m NOK to 3.65m NOK (-5.5% YoY). Calculated