FirmaIQ
Org.nr 991 435 271 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2017 vs 2016

Grew 8% on revenue, stronger earnings

approved 2018-04-24; registry 2018-05-07; journal 2018 309604

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET ALVER AS. Revenue 17.43m NOK → 18.82m NOK (+7.9%). Net result +2.24m NOK → +2.82m NOK. Equity 1.95m NOK → 1.98m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
17.43m NOK 18.82m NOK
+7.9%
Operating result
+2.97m NOK +3.72m NOK
+25.2%
Net result
+2.24m NOK +2.82m NOK
+26.0%
Equity
1.95m NOK 1.98m NOK
+1.3%
Cash
405.3k NOK 396.9k NOK
-2.1%
Total assets
9.24m NOK 9.36m NOK
+1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.43m NOK to 18.82m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.97m NOK → +3.72m NOK (op. margin 17.0% → 19.7%). Calculated

  • ↑

    Net result improved

    Net result +2.24m NOK → +2.82m NOK (net margin 12.9% → 15.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.95m NOK → 1.98m NOK (equity ratio 21.2% → 21.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 405.3k NOK → 396.9k NOK (-2.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.80m NOK → 11.20m NOK (62% → 60% of revenue). Calculated