Org.nr 993 533 521 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2017 vs 2016

Returned to profit

approved 2018-04-25; registry 2018-05-07; journal 2018 302761

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 2.87m NOK → 2.91m NOK (+1.3%). Net result -213.6k NOK → +274.1k NOK. Equity 1.53m NOK → 1.41m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS.

Scorecard

Revenue
2.87m NOK 2.91m NOK
+1.3%
Operating result
-218.1k NOK +282.6k NOK
+229.6%
Net result
-213.6k NOK +274.1k NOK
+228.3%
Equity
1.53m NOK 1.41m NOK
-8.2%
Cash
533.0k NOK 596.7k NOK
+11.9%
Total assets
2.27m NOK 2.13m NOK
-5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.87m NOK to 2.91m NOK (+1.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -218.1k NOK → +282.6k NOK (op. margin -7.6% → 9.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 213.6k NOK to a profit of 274.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 533.0k NOK → 596.7k NOK (+11.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.53m NOK → 1.41m NOK (equity ratio 67.7% → 66.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.75m NOK → 1.77m NOK (61% → 61% of revenue). Calculated