ADVOKATFIRMAET ØIVIND ØSTBERG AS: årsregnskap 2017 vs 2016
Grew 91% on revenue
approved 2018-04-30; registry 2018-05-08; journal 2018 319843
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET ØIVIND ØSTBERG AS. Revenue 643 NOK → 1 230 NOK (+91.3%). Equity 0 NOK → 9 597 NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØIVIND ØSTBERG AS.
At a glance
Scorecard
Revenue
643 NOK
1 230 NOK
+91.3%
Operating result
n/m
-27.7k NOK
—
Equity
0 NOK
9 597 NOK
—
Cash
n/m
139.3k NOK
—
Total assets
0 NOK
423.6k NOK
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 643 NOK to 1 230 NOK (+91.3% YoY). Calculated
-
↑
Equity strengthened
Book equity 0 NOK → 9 597 NOK. Calculated
-
↑
Payroll decreased
Salary cost 3.96m NOK → 2 NOK (615398% → 0% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation