FirmaIQ
Org.nr 996 400 832 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET LIPPESTAD AS: årsregnskap 2017 vs 2016

Grew 42% on revenue, returned to profit

approved 2018-04-26; registry 2018-05-12; journal 2018 310910

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET LIPPESTAD AS. Revenue 5.11m NOK → 7.26m NOK (+42.1%). Net result -1.91m NOK → +363.2k NOK. Equity 22.1k NOK → 4.39m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
5.11m NOK 7.26m NOK
+42.1%
Operating result
-2.52m NOK +563.6k NOK
+122.4%
Net result
-1.91m NOK +363.2k NOK
+119.0%
Equity
22.1k NOK 4.39m NOK
+19736.9%
Cash
226.9k NOK 421.7k NOK
+85.8%
Total assets
2.49m NOK 3.68m NOK
+47.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.11m NOK to 7.26m NOK (+42.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.52m NOK → +563.6k NOK (op. margin -49.2% → 7.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.91m NOK to a profit of 363.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 22.1k NOK → 4.39m NOK (equity ratio 0.9% → 119.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 226.9k NOK → 421.7k NOK (+85.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 9 500 NOK → 1 500 NOK. Reported fact