Org.nr 915 596 320 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS: årsregnskap 2017 vs 2016

Grew 133335% on revenue

approved 2018-05-23; registry 2018-06-06; journal 2018 417130

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS. Revenue 6 691 NOK → 8.93m NOK (+133334.6%). Equity -741.1k NOK → -1.28m NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS.

Scorecard

Revenue
6 691 NOK 8.93m NOK
+133334.6%
Equity
-741.1k NOK -1.28m NOK
-73.1%
Cash
158.2k NOK 172.0k NOK
+8.7%
Total assets
1.11m NOK 537.5k NOK
-51.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 691 NOK to 8.93m NOK (+133334.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 158.2k NOK → 172.0k NOK (+8.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -741.1k NOK → -1.28m NOK (equity ratio -66.9% → -238.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -238.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 350 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 4 644 NOK → 5.20m NOK (69% → 58% of revenue). Calculated