Org.nr 987 897 643 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET NYHEIM AS: årsregnskap 2017 vs 2016

Shrank 60% on revenue, stronger earnings

approved 2018-04-26; registry 2018-05-08; journal 2018 317087

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET NYHEIM AS. Revenue 463.4k NOK → 186.1k NOK (-59.8%). Net result +1.48m NOK → +8.27m NOK. Equity 2.37m NOK → 9.64m NOK.

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

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

Scorecard

Revenue
463.4k NOK 186.1k NOK
-59.8%
Operating result
+143.4k NOK +880.0k NOK
+513.7%
Net result
+1.48m NOK +8.27m NOK
+460.5%
Equity
2.37m NOK 9.64m NOK
+307.4%
Cash
60.64m NOK 45.51m NOK
-25.0%
Total assets
62.46m NOK 48.22m NOK
-22.8%

What improved

  • ↑

    Operating result improved

    Operating result +143.4k NOK → +880.0k NOK (op. margin 30.9% → 472.7%). Calculated

  • ↑

    Net result improved

    Net result +1.48m NOK → +8.27m NOK (net margin 318.6% → 4445.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.37m NOK → 9.64m NOK (equity ratio 3.8% → 20.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 199.2k NOK → 121.0k NOK (43% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 463.4k NOK to 186.1k NOK (-59.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 60.64m NOK → 45.51m NOK (-25.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 522.9k NOK → 697.9k NOK. Reported fact