FirmaIQ
Org.nr 913 669 932 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA SØLVERUD AS: årsregnskap 2017 vs 2016

Slipped into loss

approved 2018-05-31; registry 2018-06-09; journal 2018 443668

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA SØLVERUD AS. Revenue 3.99m NOK → 3.92m NOK (-1.8%). Net result +152.5k NOK → -7 217 NOK. Equity 255.3k NOK → 248 NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA SØLVERUD AS.

At a glance

Scorecard

Revenue
3.99m NOK 3.92m NOK
-1.8%
Operating result
+158.4k NOK -10.6k NOK
-106.7%
Net result
+152.5k NOK -7 217 NOK
-104.7%
Equity
255.3k NOK 248 NOK
-99.9%
Cash
487.4k NOK 523.4k NOK
+7.4%
Total assets
313.4k NOK 1.04m NOK
+231.2%

What improved

  • ↑

    Cash rose

    Bank deposits 487.4k NOK → 523.4k NOK (+7.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.99m NOK to 3.92m NOK (-1.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +158.4k NOK → -10.6k NOK (op. margin 4.0% → -0.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 152.5k NOK profit to a loss of 7 217 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 255.3k NOK → 248 NOK (equity ratio 81.5% → 0.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.89m NOK → 2.99m NOK (72% → 76% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

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