ADVOKATFIRMA MOEN ERIKSTEIN AS: årsregnskap 2017 vs 2016
Grew 18% on revenue, weaker earnings
approved 2018-04-27; registry 2018-05-07; journal 2018 310292
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA MOEN ERIKSTEIN AS. Revenue 3.66m NOK → 4.31m NOK (+17.9%). Net result +897.3k NOK → +467.7k NOK. Equity 8.30m NOK → 9.76m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MOEN ERIKSTEIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.66m NOK to 4.31m NOK (+17.9% YoY). Calculated
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↑
Operating result improved
Operating result +1.07m NOK → +1.73m NOK (op. margin 29.1% → 40.2%). Calculated
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↑
Equity strengthened
Book equity 8.30m NOK → 9.76m NOK (equity ratio 91.9% → 87.5%). Calculated
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↑
Cash rose
Bank deposits 163.9k NOK → 2.60m NOK (+1484.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +897.3k NOK → +467.7k NOK (net margin 24.5% → 10.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.55m NOK → 2.57m NOK (42% → 60% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 6.30m NOK → 5.90m NOK. Reported fact