ADVOKATFIRMA GEIRR FRØNES AS: årsregnskap 2017 vs 2016
Grew 22% on revenue
approved 2018-04-30; registry 2018-05-15; journal 2018 319355
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA GEIRR FRØNES AS. Revenue 2.55m NOK → 3.13m NOK (+22.5%). Equity 505.7k NOK → 934.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.55m NOK to 3.13m NOK (+22.5% YoY). Calculated
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↑
Operating result improved
Operating result +43.9k NOK → +536.5k NOK (op. margin 1.7% → 17.2%). Calculated
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↑
Equity strengthened
Book equity 505.7k NOK → 934.1k NOK (equity ratio 52.5% → 183.2%). Calculated
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Cash rose
Bank deposits 494.7k NOK → 630.1k NOK (+27.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.93m NOK → 1.92m NOK (75% → 61% of revenue). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.91× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated