ADVOKATFIRMA MJAASETH AS: årsregnskap 2017 vs 2016
Grew 7% on revenue, cash halved-plus
approved 2018-01-12; registry 2018-06-13; journal 2018 467668
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA MJAASETH AS. Revenue 1.69m NOK → 1.81m NOK (+6.9%). Equity 369.8k NOK → 547.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAASETH AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.69m NOK to 1.81m NOK (+6.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 369.8k NOK → 547.2k NOK (equity ratio 17.0% → 44.1%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 1.59m NOK → 117.3k NOK (-92.6% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.59m NOK → 117.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation