Org.nr 911 943 328 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET BAADSTØ AS: årsregnskap 2017 vs 2016

Grew 72% on revenue

approved 2018-04-25; registry 2018-05-07; journal 2018 306506

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET BAADSTØ AS. Revenue 1.98m NOK → 3.41m NOK (+71.8%). Equity 1.16m NOK → 1.80m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAADSTØ AS.

At a glance

Revenue

1.98m NOK 3.41m NOK

+71.8%

Operating result

n/m +839.1k NOK

—

Net result

n/m +639.4k NOK

—

Equity

1.16m NOK 1.80m NOK

+55.0%

Cash

426.4k NOK 982.6k NOK

+130.5%

Total assets

429.8k NOK 2.41m NOK

+461.8%

↑
Revenue rose

Operating income / revenue moved from 1.98m NOK to 3.41m NOK (+71.8% YoY). Calculated
↑
Equity strengthened

Book equity 1.16m NOK → 1.80m NOK (equity ratio 270.6% → 74.7%). Calculated
↑
Cash rose

Bank deposits 426.4k NOK → 982.6k NOK (+130.5% YoY). Calculated
↑
Payroll decreased

Salary cost 1.25m NOK → 1 NOK (63% → 0% of revenue). Calculated

↓
Current ratio dropped below 1×

Current ratio 3.55× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated