FirmaIQ
Org.nr 912 125 084 2016 → 2017 Year-over-year analysis

ADVOKATFIRMA TJØNNDAL AS: årsregnskap 2017 vs 2016

Grew 21% on revenue, stronger earnings

approved 2018-04-04; registry 2018-04-18; journal 2018 269360

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA TJØNNDAL AS. Revenue 2.84m NOK → 3.42m NOK (+20.6%). Net result +67.3k NOK → +302.0k NOK. Equity 992.4k NOK → 294.3k 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 TJØNNDAL AS.

At a glance

Scorecard

Revenue
2.84m NOK 3.42m NOK
+20.6%
Operating result
+49.9k NOK +381.5k NOK
+664.1%
Net result
+67.3k NOK +302.0k NOK
+348.4%
Equity
992.4k NOK 294.3k NOK
-70.3%
Cash
1.64m NOK 2.15m NOK
+31.6%
Total assets
2.31m NOK 2.74m NOK
+18.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.84m NOK to 3.42m NOK (+20.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +49.9k NOK → +381.5k NOK (op. margin 1.8% → 11.1%). Calculated

  • ↑

    Net result improved

    Net result +67.3k NOK → +302.0k NOK (net margin 2.4% → 8.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.64m NOK → 2.15m NOK (+31.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 992.4k NOK → 294.3k NOK (equity ratio 43.0% → 10.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.90m NOK → 2.15m NOK (67% → 63% of revenue). Calculated