FirmaIQ
Org.nr 987 902 248 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2017 vs 2016

Shrank 16% on revenue, slipped into loss

approved 2018-06-30; registry 2018-07-28; journal 2018 802530

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 3.61m NOK → 3.04m NOK (-15.8%). Net result +448.5k NOK → -177.1k NOK. Equity 2.38m NOK → 1.90m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA HOLTHE & CO AS.

At a glance

Scorecard

Revenue
3.61m NOK 3.04m NOK
-15.8%
Net result
+448.5k NOK -177.1k NOK
-139.5%
Equity
2.38m NOK 1.90m NOK
-20.0%
Cash
292.1k NOK 276.8k NOK
-5.2%
Total assets
4.52m NOK 3.82m NOK
-15.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.61m NOK to 3.04m NOK (-15.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 448.5k NOK profit to a loss of 177.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.38m NOK → 1.90m NOK (equity ratio 52.6% → 49.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 292.1k NOK → 276.8k NOK (-5.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.91m NOK → 2.04m NOK (53% → 67% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.45m NOK → 1.30m NOK. Reported fact