Org.nr 998 544 122 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET PÅL NISSEN GRANLUND AS: årsregnskap 2017 vs 2016

Shrank 12% on revenue, slipped into loss

approved 2018-04-25; registry 2018-05-07; journal 2018 305638

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET PÅL NISSEN GRANLUND AS. Revenue 1.62m NOK → 1.43m NOK (-11.6%). Net result +23.2k NOK → -69.8k NOK. Equity 472.1k NOK → 402.4k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
1.62m NOK 1.43m NOK
-11.6%
Operating result
-2 004 NOK -70.3k NOK
-3408.2%
Net result
+23.2k NOK -69.8k NOK
-400.3%
Equity
472.1k NOK 402.4k NOK
-14.8%
Cash
79.8k NOK 94.2k NOK
+18.0%
Total assets
882.8k NOK 978.4k NOK
+10.8%

What improved

  • ↑

    Cash rose

    Bank deposits 79.8k NOK → 94.2k NOK (+18.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.62m NOK to 1.43m NOK (-11.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -2 004 NOK → -70.3k NOK (op. margin -0.1% → -4.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 23.2k NOK profit to a loss of 69.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 472.1k NOK → 402.4k NOK (equity ratio 53.5% → 41.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 021 NOK → 1.06m NOK (0% → 74% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.0k NOK → 10 NOK. Reported fact