FirmaIQ
Org.nr 992 533 056 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET CARL-CHRISTIAN GRYTHE HOFF AS: årsregnskap 2017 vs 2016

Shrank 25% on revenue, weaker earnings

approved 2018-04-30; registry 2018-05-08; journal 2018 319425

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET CARL-CHRISTIAN GRYTHE HOFF AS. Revenue 3.50m NOK → 2.63m NOK (-24.8%). Net result +1.26m NOK → +710.6k NOK. Equity 6.99m NOK → 7.50m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.50m NOK 2.63m NOK
-24.8%
Operating result
+1.62m NOK +851.5k NOK
-47.6%
Net result
+1.26m NOK +710.6k NOK
-43.4%
Equity
6.99m NOK 7.50m NOK
+7.3%
Cash
7.25m NOK 7.53m NOK
+3.9%
Total assets
8.12m NOK 8.35m NOK
+2.8%

What improved

  • ↑

    Equity strengthened

    Book equity 6.99m NOK → 7.50m NOK (equity ratio 86.1% → 89.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.25m NOK → 7.53m NOK (+3.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.50m NOK to 2.63m NOK (-24.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.62m NOK → +851.5k NOK (op. margin 46.4% → 32.4%). Calculated

  • ↓

    Net result weakened

    Net result +1.26m NOK → +710.6k NOK (net margin 35.9% → 27.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.18m NOK → 1.36m NOK (34% → 52% of revenue). Calculated