Org.nr 988 416 126 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA RUNE H ERIKSEN AS: årsregnskap 2017 vs 2016

Grew 13% on revenue

approved 2018-01-24; registry 2018-05-08; journal 2018 313275

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA RUNE H ERIKSEN AS. Revenue 1.72m NOK → 1.94m NOK (+13.0%). Equity 494.9k NOK → 559.4k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA RUNE H ERIKSEN AS.

Scorecard

Revenue
1.72m NOK 1.94m NOK
+13.0%
Operating result
+403.7k NOK +707.9k NOK
+75.3%
Net result
n/m +564.5k NOK
—
Equity
494.9k NOK 559.4k NOK
+13.0%
Cash
369.3k NOK 879.5k NOK
+138.1%
Total assets
1.11m NOK 1.51m NOK
+36.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.72m NOK to 1.94m NOK (+13.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +403.7k NOK → +707.9k NOK (op. margin 23.5% → 36.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 494.9k NOK → 559.4k NOK (equity ratio 44.7% → 37.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 369.3k NOK → 879.5k NOK (+138.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 1.59×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 56.7k NOK → 71.8k NOK (+26.6% YoY). Calculated