Org.nr 982 791 553 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2017 vs 2016

Grew 22% on revenue

approved 2018-04-19; registry 2018-05-08; journal 2018 315887

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 1.70m NOK → 2.07m NOK (+21.9%). Equity 12.13m NOK → 305.4k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.

Scorecard

Revenue
1.70m NOK 2.07m NOK
+21.9%
Equity
12.13m NOK 305.4k NOK
-97.5%
Cash
41.8k NOK 2.22m NOK
+5220.2%
Total assets
6.71m NOK 5.00m NOK
-25.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.70m NOK to 2.07m NOK (+21.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 41.8k NOK → 2.22m NOK (+5220.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.13m NOK → 305.4k NOK (equity ratio 180.7% → 6.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 20.9k NOK → 40.6k NOK (+94.8% YoY). Calculated