ADVOKATFIRMAET BRAUTE AS: årsregnskap 2017 vs 2016
Grew 1074% on revenue, returned to profit
approved 2018-04-20; registry 2018-05-08; journal 2018 318703
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET BRAUTE AS. Revenue 60.9k NOK → 714.9k NOK (+1074.2%). Net result -59.6k NOK → +301.8k NOK. Equity 5 776 NOK → 6.31m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRAUTE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 60.9k NOK to 714.9k NOK (+1074.2% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 59.6k NOK to a profit of 301.8k NOK. Calculated
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Equity strengthened
Book equity 5 776 NOK → 6.31m NOK (equity ratio 2.2% → 1000.9%). Calculated
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Cash rose
Bank deposits 253.7k NOK → 524.4k NOK (+106.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.97× → 1.95×. Calculated
Things to notice
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Payroll increased
Salary cost 42.2k NOK → 4.20m NOK (69% → 587% of revenue). Calculated