Org.nr 916 665 970 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET AAE AS: årsregnskap 2017 vs 2016

Grew 108779% on revenue

approved 2018-04-25; registry 2018-05-08; journal 2018 314653

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET AAE AS. Revenue 4 891 NOK → 5.33m NOK (+108778.8%). Equity 6.39m NOK → 328.4k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET AAE AS.

At a glance

Revenue

4 891 NOK 5.33m NOK

+108778.8%

Operating result

n/m +253.7k NOK

—

Net result

n/m +188.0k NOK

—

Equity

6.39m NOK 328.4k NOK

-94.9%

Cash

250.0k NOK 129.8k NOK

-48.1%

Total assets

1.19m NOK 1.25m NOK

+5.1%

↑
Revenue rose

Operating income / revenue moved from 4 891 NOK to 5.33m NOK (+108778.8% YoY). Calculated

↓
Equity eroded

Book equity 6.39m NOK → 328.4k NOK (equity ratio 538.1% → 26.3%). Calculated
↓
Cash fell

Bank deposits 250.0k NOK → 129.8k NOK (-48.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.14× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Paid-in equity reduced

Paid-in equity fell 387.2k NOK → 137.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Payroll increased

Salary cost 3 430 NOK → 3.58m NOK (70% → 67% of revenue). Calculated