Org.nr 913 103 157 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET MUNIR AS: årsregnskap 2017 vs 2016

Shrank 30% on revenue

approved 2018-03-06; registry 2018-05-07; journal 2018 310398

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET MUNIR AS. Revenue 2.98m NOK → 2.08m NOK (-30.2%). Equity 613.1k NOK → 623.2k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Revenue

2.98m NOK 2.08m NOK

-30.2%

Operating result

+37.3k NOK +12.5k NOK

-66.4%

Equity

613.1k NOK 623.2k NOK

+1.7%

Cash

948.3k NOK 621.2k NOK

-34.5%

Total assets

1.32m NOK 1.17m NOK

-11.4%

↑
Equity strengthened

Book equity 613.1k NOK → 623.2k NOK (equity ratio 46.3% → 53.1%). Calculated
↑
Payroll decreased

Salary cost 2.18m NOK → 1.36m NOK (73% → 65% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.98m NOK to 2.08m NOK (-30.2% YoY). Calculated
↓
Operating result weakened

Operating result +37.3k NOK → +12.5k NOK (op. margin 1.3% → 0.6%). Calculated
↓
Cash fell

Bank deposits 948.3k NOK → 621.2k NOK (-34.5% YoY). Calculated