FirmaIQ
Org.nr 915 316 271 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET LIABØ & ØISTENSEN AS: årsregnskap 2017 vs 2016

Returned to profit

approved 2018-04-27; registry 2018-05-07; journal 2018 311904

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET LIABØ & ØISTENSEN AS. Revenue 2.48m NOK → 2.38m NOK (-3.9%). Net result -85.6k NOK → +271.7k NOK. Equity 142.2k NOK → 414.0k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LIABØ & ØISTENSEN AS.

At a glance

Scorecard

Revenue
2.48m NOK 2.38m NOK
-3.9%
Operating result
-57.5k NOK +164.5k NOK
+386.0%
Net result
-85.6k NOK +271.7k NOK
+417.5%
Equity
142.2k NOK 414.0k NOK
+191.0%
Cash
60.9k NOK 63.1k NOK
+3.7%
Total assets
65.2k NOK 1.29m NOK
+1883.5%

What improved

  • ↑

    Operating result improved

    Operating result -57.5k NOK → +164.5k NOK (op. margin -2.3% → 6.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 85.6k NOK to a profit of 271.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 142.2k NOK → 414.0k NOK (equity ratio 218.0% → 32.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 60.9k NOK → 63.1k NOK (+3.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.07× → 1.44×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.48m NOK to 2.38m NOK (-3.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 NOK → 30.0k NOK. Reported fact