FirmaIQ
Org.nr 916 531 532 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA KRANE AS: årsregnskap 2017 vs 2016

Shrank 15% on revenue, weaker earnings

approved 2018-04-23; registry 2018-05-03; journal 2018 296079

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA KRANE AS. Revenue 1.15m NOK → 971.0k NOK (-15.2%). Net result +85.8k NOK → +47.7k NOK. Equity 115.8k NOK → 163.4k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.15m NOK 971.0k NOK
-15.2%
Operating result
+114.4k NOK +61.9k NOK
-45.9%
Net result
+85.8k NOK +47.7k NOK
-44.4%
Equity
115.8k NOK 163.4k NOK
+41.2%
Cash
196.2k NOK 281.6k NOK
+43.6%
Total assets
413.0k NOK 355.4k NOK
-13.9%

What improved

  • ↑

    Equity strengthened

    Book equity 115.8k NOK → 163.4k NOK (equity ratio 28.0% → 46.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 196.2k NOK → 281.6k NOK (+43.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.15m NOK to 971.0k NOK (-15.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +114.4k NOK → +61.9k NOK (op. margin 10.0% → 6.4%). Calculated

  • ↓

    Net result weakened

    Net result +85.8k NOK → +47.7k NOK (net margin 7.5% → 4.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 736 NOK → 651.4k NOK (0% → 67% of revenue). Calculated