ADVOKATFIRMA SULEIMAN & CO AS: årsregnskap 2017 vs 2016
A steady year on the published lines
approved 2018-04-28; registry 2018-05-08; journal 2018 317581
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA SULEIMAN & CO AS. Revenue 13.48m NOK → 14.07m NOK (+4.4%). Net result +316 NOK → +2 282 NOK. Equity 456.9k NOK → 324.3k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SULEIMAN & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.48m NOK to 14.07m NOK (+4.4% YoY). Calculated
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↑
Net result improved
Net result +316 NOK → +2 282 NOK (net margin 0.0% → 0.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 456.9k NOK → 324.3k NOK (equity ratio 19.1% → 8.7%). Calculated
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↓
Cash fell
Bank deposits 356.9k NOK → 244.2k NOK (-31.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 9.25m NOK → 9.95m NOK (69% → 71% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 51.2k NOK → 78.9k NOK. Reported fact