ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2017 vs 2016
Returned to profit, cash halved-plus
approved 2018-06-17; registry 2018-06-19; journal 2018 515471
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -3 223 NOK → 0 NOK. Equity 744.5k NOK → 700.6k NOK.
On the constructive side: operating result improved; turned profitable; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -63.4k NOK → -41.9k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 3 223 NOK to a profit of 0 NOK. Calculated
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↑
Payroll decreased
Salary cost 63.4k NOK → 41.9k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 744.5k NOK → 700.6k NOK (equity ratio 94.4% → 94.3%). Calculated
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↓
Cash fell
Bank deposits 682.8k NOK → 167.6k NOK (-75.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 34.3k NOK → 500.0k NOK. Reported fact