Org.nr 914 160 898 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET ERIKSEN AS: årsregnskap 2017 vs 2016

Grew 35% on revenue

approved 2018-04-12; registry 2018-05-08; journal 2018 315499

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET ERIKSEN AS. Revenue 4.31m NOK → 5.80m NOK (+34.5%). Equity 680.4k NOK → 1.02m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ERIKSEN AS.

Scorecard

Revenue
4.31m NOK 5.80m NOK
+34.5%
Equity
680.4k NOK 1.02m NOK
+50.6%
Cash
122.9k NOK 844.0k NOK
+586.5%
Total assets
1.37m NOK 2.30m NOK
+68.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.31m NOK to 5.80m NOK (+34.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 680.4k NOK → 1.02m NOK (equity ratio 49.7% → 44.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 122.9k NOK → 844.0k NOK (+586.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.80m NOK → 3.39m NOK (65% → 59% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 169.6k NOK → 155.0k NOK (-8.6% YoY). Calculated