Org.nr 991 266 852 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET HOLST STIFJELL AS: årsregnskap 2017 vs 2016

Shrank 36% on revenue, cash halved-plus

approved 2018-04-25; registry 2018-05-23; journal 2018 338629

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET HOLST STIFJELL AS. Revenue 1.65m NOK → 1.05m NOK (-36.1%). Equity -233.1k NOK → -449.2k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOLST STIFJELL AS.

At a glance

Revenue

1.65m NOK 1.05m NOK

-36.1%

Operating result

+247.0k NOK -175.6k NOK

-171.1%

Equity

-233.1k NOK -449.2k NOK

-92.8%

Cash

40.0k NOK 70 NOK

-99.8%

Total assets

321.8k NOK 142.5k NOK

-55.7%

↓
Revenue fell

Operating income / revenue moved from 1.65m NOK to 1.05m NOK (-36.1% YoY). Calculated
↓
Operating result weakened

Operating result +247.0k NOK → -175.6k NOK (op. margin 15.0% → -16.7%). Calculated
↓
Equity eroded

Book equity -233.1k NOK → -449.2k NOK (equity ratio -72.4% → -315.3%). Calculated
↓
Cash fell

Bank deposits 40.0k NOK → 70 NOK (-99.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 NOK → 1.83m NOK (0% → 174% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -315.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation