Org.nr 992 833 424 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET HALVORSEN & CO AS: årsregnskap 2017 vs 2016

Another loss-making year

approved 2018-02-12; registry 2018-06-09; journal 2018 439708

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET HALVORSEN & CO AS. Revenue 25.26m NOK → 25.32m NOK (+0.3%). Equity 2.71m NOK → 2.69m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HALVORSEN & CO AS.

At a glance

Revenue

25.26m NOK 25.32m NOK

+0.3%

Operating result

n/m +289.1k NOK

—

Net result

n/m -19.6k NOK

—

Equity

2.71m NOK 2.69m NOK

-0.7%

Cash

1.53m NOK 1.49m NOK

-2.5%

Total assets

13.55m NOK 13.65m NOK

+0.7%

↑
Revenue rose

Operating income / revenue moved from 25.26m NOK to 25.32m NOK (+0.3% YoY). Calculated

↓
Equity eroded

Book equity 2.71m NOK → 2.69m NOK (equity ratio 20.0% → 19.7%). Calculated
↓
Cash fell

Bank deposits 1.53m NOK → 1.49m NOK (-2.5% YoY). Calculated

·
Payroll increased

Salary cost 18.48m NOK → 18.57m NOK (73% → 73% of revenue). Calculated