FirmaIQ
Org.nr 990 209 022 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA ØGLÆND & CO AS: årsregnskap 2017 vs 2016

Grew 24% on revenue

approved 2018-02-12; registry 2018-03-10; journal 2018 225615

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA ØGLÆND & CO AS. Revenue 7.60m NOK → 9.42m NOK (+24.0%). Net result +100.0k NOK → +100.0k NOK. Equity 500 NOK → 600 NOK.

On the constructive side: revenue rose; operating result improved.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA ØGLÆND & CO AS.

At a glance

Scorecard

Revenue
7.60m NOK 9.42m NOK
+24.0%
Operating result
+143.5k NOK +144.4k NOK
+0.6%
Net result
+100.0k NOK +100.0k NOK
0.0%
Equity
500 NOK 600 NOK
+20.0%
Cash
353.1k NOK 353.7k NOK
+0.2%
Total assets
3.15m NOK 4.83m NOK
+53.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.60m NOK to 9.42m NOK (+24.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +143.5k NOK → +144.4k NOK (op. margin 1.9% → 1.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6.04m NOK → 7.55m NOK (79% → 80% of revenue). Calculated