Org.nr 993 459 852 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET ASTHOR AS: årsregnskap 2017 vs 2016

Grew 10% on revenue, stronger earnings

approved 2018-04-03; registry 2018-04-12; journal 2018 258113

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET ASTHOR AS. Revenue 5.50m NOK → 6.05m NOK (+10.1%). Net result +507.2k NOK → +826.3k NOK. Equity 699.9k NOK → 676.2k NOK.

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

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

Scorecard

Revenue
5.50m NOK 6.05m NOK
+10.1%
Operating result
+851.5k NOK +225.2k NOK
-73.6%
Net result
+507.2k NOK +826.3k NOK
+62.9%
Equity
699.9k NOK 676.2k NOK
-3.4%
Cash
420.2k NOK 958.9k NOK
+128.2%
Total assets
6.48m NOK 6.36m NOK
-1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.50m NOK to 6.05m NOK (+10.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +507.2k NOK → +826.3k NOK (net margin 9.2% → 13.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 420.2k NOK → 958.9k NOK (+128.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +851.5k NOK → +225.2k NOK (op. margin 15.5% → 3.7%). Calculated

  • ↓

    Equity eroded

    Book equity 699.9k NOK → 676.2k NOK (equity ratio 10.8% → 10.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.94m NOK → 3.08m NOK (54% → 51% of revenue). Calculated