Org.nr 979 693 877 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-01-09; registry 2018-01-25; journal 2018 202659

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS. Revenue 6.58m NOK → 6.44m NOK (-2.2%). Equity 930.3k NOK → 923.1k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
6.58m NOK 6.44m NOK
-2.2%
Equity
930.3k NOK 923.1k NOK
-0.8%
Cash
3.56m NOK 3.08m NOK
-13.5%
Total assets
5.48m NOK 5.19m NOK
-5.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.58m NOK to 6.44m NOK (-2.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 930.3k NOK → 923.1k NOK (equity ratio 17.0% → 17.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.56m NOK → 3.08m NOK (-13.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.32m NOK → 2.39m NOK (35% → 37% of revenue). Calculated