Org.nr 977 470 064 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2017 vs 2016

Weaker earnings, fresh owner capital

approved 2018-04-27; registry 2018-05-08; journal 2018 318643

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 12.41m NOK → 12.49m NOK (+0.6%). Net result +958.8k NOK → +294.6k NOK. Equity 256.3k NOK → 550.9k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS.

Scorecard

Revenue
12.41m NOK 12.49m NOK
+0.6%
Net result
+958.8k NOK +294.6k NOK
-69.3%
Equity
256.3k NOK 550.9k NOK
+114.9%
Cash
214.8k NOK 558.5k NOK
+160.0%
Total assets
3.93m NOK 3.27m NOK
-16.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.41m NOK to 12.49m NOK (+0.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 256.3k NOK → 550.9k NOK (equity ratio 6.5% → 16.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 214.8k NOK → 558.5k NOK (+160.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.93× → 1.00×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 104 NOK → 104.0k NOK (+103.9k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +958.8k NOK → +294.6k NOK (net margin 7.7% → 2.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.32m NOK → 9.25m NOK (67% → 74% of revenue). Calculated