Org.nr 979 423 438 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET MORTEN PERSEN AS: årsregnskap 2017 vs 2016

Shrank 82% on revenue, weaker earnings

approved 2018-04-30; registry 2018-05-08; journal 2018 319383

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET MORTEN PERSEN AS. Revenue 582.1k NOK → 105.1k NOK (-81.9%). Net result +577.9k NOK → +152.8k NOK. Equity -57.6k NOK → -24.6k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
582.1k NOK 105.1k NOK
-81.9%
Operating result
+577.8k NOK -152.9k NOK
-126.5%
Net result
+577.9k NOK +152.8k NOK
-73.6%
Equity
-57.6k NOK -24.6k NOK
+57.4%
Cash
14.3k NOK 12.2k NOK
-14.8%
Total assets
577.9k NOK 290.1k NOK
-49.8%

What improved

  • ↑

    Equity strengthened

    Book equity -57.6k NOK → -24.6k NOK (equity ratio -10.0% → -8.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 582.1k NOK to 105.1k NOK (-81.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +577.8k NOK → -152.9k NOK (op. margin 99.3% → -145.5%). Calculated

  • ↓

    Net result weakened

    Net result +577.9k NOK → +152.8k NOK (net margin 99.3% → 145.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.3k NOK → 12.2k NOK (-14.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.29× → 0.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated