FirmaIQ
Org.nr 997 372 301 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET MELAND AS: årsregnskap 2017 vs 2016

Grew 16% on revenue, stronger earnings

approved 2018-03-16; registry 2018-05-07; journal 2018 306358

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET MELAND AS. Revenue 5.15m NOK → 5.97m NOK (+15.9%). Net result +64.3k NOK → +816.2k NOK. Equity 443.9k NOK → 716.5k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET MELAND AS.

At a glance

Scorecard

Revenue
5.15m NOK 5.97m NOK
+15.9%
Operating result
+199.4k NOK +133.1k NOK
-33.3%
Net result
+64.3k NOK +816.2k NOK
+1169.6%
Equity
443.9k NOK 716.5k NOK
+61.4%
Cash
933.7k NOK 1.68m NOK
+80.3%
Total assets
12.54m NOK 5.05m NOK
-59.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.15m NOK to 5.97m NOK (+15.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +64.3k NOK → +816.2k NOK (net margin 1.2% → 13.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 443.9k NOK → 716.5k NOK (equity ratio 3.5% → 14.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 933.7k NOK → 1.68m NOK (+80.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +199.4k NOK → +133.1k NOK (op. margin 3.9% → 2.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.80m NOK → 2.86m NOK (54% → 48% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 151.5k NOK → 263.7k NOK (+74.1% YoY). Calculated