ADVOKATFIRMA ØKSETER AS: årsregnskap 2017 vs 2016
Grew 1943% on revenue, slipped into loss
approved 2018-05-14; registry 2018-06-07; journal 2018 433736
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA ØKSETER AS. Revenue 660 NOK → 13.5k NOK (+1942.9%). Net result +1 735 NOK → -4 248 NOK. Equity 57.4k NOK → 53.2k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 660 NOK to 13.5k NOK (+1942.9% YoY). Calculated
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↑
Operating result improved
Operating result -14.6k NOK → -13.3k NOK (op. margin -2210.6% → -98.9%). Calculated
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↑
Cash rose
Bank deposits 7 913 NOK → 9 383 NOK (+18.6% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 1 735 NOK profit to a loss of 4 248 NOK. Calculated
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↓
Equity eroded
Book equity 57.4k NOK → 53.2k NOK (equity ratio 6.7% → 100.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated