FirmaIQ
Org.nr 993 496 669 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET HVIDSTEN AS: årsregnskap 2017 vs 2016

Shrank 15% on revenue, weaker earnings

approved 2018-03-22; registry 2018-04-03; journal 2018 249236

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET HVIDSTEN AS. Revenue 1.84m NOK → 1.56m NOK (-15.5%). Net result +555.8k NOK → +200 NOK. Equity 759.0k NOK → 974.7k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.84m NOK 1.56m NOK
-15.5%
Operating result
+739.3k NOK +529.5k NOK
-28.4%
Net result
+555.8k NOK +200 NOK
-100.0%
Equity
759.0k NOK 974.7k NOK
+28.4%
Cash
871.0k NOK 551.0k NOK
-36.7%
Total assets
328.9k NOK 1.41m NOK
+330.2%

What improved

  • ↑

    Equity strengthened

    Book equity 759.0k NOK → 974.7k NOK (equity ratio 230.8% → 68.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.49× → 2.39×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.84m NOK to 1.56m NOK (-15.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +739.3k NOK → +529.5k NOK (op. margin 40.1% → 34.0%). Calculated

  • ↓

    Net result weakened

    Net result +555.8k NOK → +200 NOK (net margin 30.2% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 871.0k NOK → 551.0k NOK (-36.7% YoY). Calculated