ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2017 vs 2016
Shrank 14% on revenue, weaker earnings, cash halved-plus
approved 2018-04-08; registry 2018-04-16; journal 2018 264714
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.27m NOK → 1.10m NOK (-13.6%). Net result +635.10m NOK → +471.08m NOK. Equity 127.3k NOK → 230.7k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +16.5k NOK → +139.8k NOK (op. margin 1.3% → 12.7%). Calculated
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↑
Equity strengthened
Book equity 127.3k NOK → 230.7k NOK (equity ratio 21.2% → 49.0%). Calculated
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↑
Payroll decreased
Salary cost 891.6k NOK → 612.9k NOK (70% → 56% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.27m NOK to 1.10m NOK (-13.6% YoY). Calculated
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↓
Net result weakened
Net result +635.10m NOK → +471.08m NOK (net margin 49855.4% → 42820.5%). Calculated
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↓
Cash fell
Bank deposits 126.9k NOK → 48.3k NOK (-61.9% YoY). Calculated