Org.nr 999 318 088 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA LUNDE ROBERTSEN AS: årsregnskap 2017 vs 2016

Shrank 14% on revenue, returned to profit, cash halved-plus

approved 2018-04-30; registry 2018-05-08; journal 2018 327896

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA LUNDE ROBERTSEN AS. Revenue 5.16m NOK → 4.44m NOK (-13.9%). Net result -86.2k NOK → +3.11m NOK. Equity 815.4k NOK → 920.8k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
5.16m NOK 4.44m NOK
-13.9%
Operating result
-88.4k NOK +104.5k NOK
+218.2%
Net result
-86.2k NOK +3.11m NOK
+3702.8%
Equity
815.4k NOK 920.8k NOK
+12.9%
Cash
114.7k NOK 47.6k NOK
-58.5%
Total assets
6.03m NOK 4.96m NOK
-17.8%

What improved

  • ↑

    Operating result improved

    Operating result -88.4k NOK → +104.5k NOK (op. margin -1.7% → 2.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 86.2k NOK to a profit of 3.11m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 815.4k NOK → 920.8k NOK (equity ratio 13.5% → 18.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.21m NOK → 2.31m NOK (62% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.16m NOK to 4.44m NOK (-13.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 114.7k NOK → 47.6k NOK (-58.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 8 640 NOK → 64.0k NOK (+640.7% YoY). Calculated