Org.nr 916 823 339 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET LEXIS AS: årsregnskap 2017 vs 2016

Shrank 10% on revenue

approved 2018-04-27; registry 2018-05-07; journal 2018 310584

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET LEXIS AS. Revenue 3.33m NOK → 2.98m NOK (-10.5%). Equity 1.15m NOK → 741.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Net tougher year on the published lines.

At a glance

Revenue

3.33m NOK 2.98m NOK

-10.5%

Equity

1.15m NOK 741.6k NOK

-35.7%

Cash

1 289 NOK 368.5k NOK

+28484.9%

Total assets

1.87m NOK 1.24m NOK

-33.7%

↓
Revenue fell

Operating income / revenue moved from 3.33m NOK to 2.98m NOK (-10.5% YoY). Calculated
↓
Equity eroded

Book equity 1.15m NOK → 741.6k NOK (equity ratio 61.7% → 59.8%). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.54× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 6 403 NOK → 83.3k NOK (0% → 3% of revenue). Calculated