Org.nr 984 677 499 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA TINGMANN AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-03-23; registry 2018-04-24; journal 2018 279787

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA TINGMANN AS. Revenue 10.04m NOK → 10.23m NOK (+1.9%). Net result +120.4k NOK → +530.3k NOK. Equity 1.79m NOK → 1.68m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA TINGMANN AS.

Scorecard

Revenue
10.04m NOK 10.23m NOK
+1.9%
Operating result
+250.6k NOK +765.1k NOK
+205.3%
Net result
+120.4k NOK +530.3k NOK
+340.5%
Equity
1.79m NOK 1.68m NOK
-6.1%
Cash
282.5k NOK 334.8k NOK
+18.5%
Total assets
4.50m NOK 4.56m NOK
+1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.04m NOK to 10.23m NOK (+1.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +250.6k NOK → +765.1k NOK (op. margin 2.5% → 7.5%). Calculated

  • ↑

    Net result improved

    Net result +120.4k NOK → +530.3k NOK (net margin 1.2% → 5.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 282.5k NOK → 334.8k NOK (+18.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.79m NOK → 1.68m NOK (equity ratio 39.9% → 36.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.67m NOK → 6.83m NOK (66% → 67% of revenue). Calculated