Org.nr 970 963 286 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 2017 vs 2016

Shrank 15% on revenue

approved 2018-04-13; registry 2018-04-24; journal 2018 279077

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 2.84m NOK → 2.42m NOK (-14.8%). Equity 1.56m NOK → 1.55m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET DENNIS R BRORSTRØM AS.

At a glance

Revenue

2.84m NOK 2.42m NOK

-14.8%

Net result

+993.7k NOK n/m

—

Equity

1.56m NOK 1.55m NOK

-0.8%

Cash

1.06m NOK 1.50m NOK

+42.1%

Total assets

3.06m NOK 2.84m NOK

-7.2%

↑
Cash rose

Bank deposits 1.06m NOK → 1.50m NOK (+42.1% YoY). Calculated
↑
Payroll decreased

Salary cost 3.70m NOK → 3.70m NOK (130% → 153% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.84m NOK to 2.42m NOK (-14.8% YoY). Calculated
↓
Equity eroded

Book equity 1.56m NOK → 1.55m NOK (equity ratio 51.1% → 54.6%). Calculated

·
Book investments changed

Investment / intangible book value 1 005 NOK → 560.3k NOK. Reported fact