FirmaIQ
Org.nr 911 883 562 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA GRANDE, SYVERTSEN & CO AS: årsregnskap 2017 vs 2016

Shrank 93% on revenue, cash halved-plus

approved 2018-04-27; registry 2018-05-08; journal 2018 315897

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA GRANDE, SYVERTSEN & CO AS. Revenue 2.82m NOK → 206.1k NOK (-92.7%). Net result +2 016 NOK → +2 017 NOK. Equity 31.6k NOK → 463.6k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.82m NOK 206.1k NOK
-92.7%
Net result
+2 016 NOK +2 017 NOK
+0.0%
Equity
31.6k NOK 463.6k NOK
+1368.1%
Cash
447.8k NOK -4 570 NOK
-101.0%
Total assets
1.67m NOK 773.5k NOK
-53.8%

What improved

  • ↑

    Equity strengthened

    Book equity 31.6k NOK → 463.6k NOK (equity ratio 1.9% → 59.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.80m NOK → 47.1k NOK (135% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.82m NOK to 206.1k NOK (-92.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 447.8k NOK → -4 570 NOK (-101.0% YoY). Calculated