FirmaIQ
Org.nr 991 504 125 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA OLAFSEN AS: årsregnskap 2017 vs 2016

Grew 37% on revenue, stronger earnings

approved 2018-03-12; registry 2018-03-20; journal 2018 238591

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA OLAFSEN AS. Revenue 4.38m NOK → 6.01m NOK (+37.2%). Net result +566.0k NOK → +719.6k NOK. Equity 1.39m NOK → 1.91m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
4.38m NOK 6.01m NOK
+37.2%
Operating result
+747.8k NOK +935.2k NOK
+25.1%
Net result
+566.0k NOK +719.6k NOK
+27.1%
Equity
1.39m NOK 1.91m NOK
+37.5%
Cash
1.51m NOK 1.81m NOK
+19.9%
Total assets
2.56m NOK 3.40m NOK
+32.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.38m NOK to 6.01m NOK (+37.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +747.8k NOK → +935.2k NOK (op. margin 17.1% → 15.6%). Calculated

  • ↑

    Net result improved

    Net result +566.0k NOK → +719.6k NOK (net margin 12.9% → 12.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.39m NOK → 1.91m NOK (equity ratio 54.2% → 56.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.51m NOK → 1.81m NOK (+19.9% YoY). Calculated