ADVOKATFIRMAET LIBERTUS AS: årsregnskap 2017 vs 2016
Shrank 23% on revenue, stronger earnings, cash halved-plus
approved 2018-04-30; registry 2018-06-25; journal 2018 544793
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET LIBERTUS AS. Revenue 1.82m NOK → 1.41m NOK (-22.8%). Net result +133.0k NOK → +300.0k NOK. Equity 548.2k NOK → 210.6k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +133.0k NOK → +300.0k NOK (net margin 7.3% → 21.3%). Calculated
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Payroll decreased
Salary cost 1.20m NOK → 1.06m NOK (66% → 76% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.82m NOK to 1.41m NOK (-22.8% YoY). Calculated
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↓
Equity eroded
Book equity 548.2k NOK → 210.6k NOK (equity ratio 30.0% → 24.2%). Calculated
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↓
Cash fell
Bank deposits 555.8k NOK → 222.9k NOK (-59.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.97× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated