ADVOKATFIRMAET RETTIDIG AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2018-03-02; registry 2018-07-18; journal 2018 708241
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET RETTIDIG AS. Revenue 195.3k NOK → 195 NOK (-99.9%). Net result +18.3k NOK → +63.6k NOK. Equity 54.6k NOK → -9 072 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET RETTIDIG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +18.4k NOK → +63.7k NOK (op. margin 9.4% → 32643.1%). Calculated
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Net result improved
Net result +18.3k NOK → +63.6k NOK (net margin 9.4% → 32640.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 195.3k NOK to 195 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 54.6k NOK → -9 072 NOK (equity ratio 40.1% → -32.4%). Calculated
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↓
Cash fell
Bank deposits 104.0k NOK → 2 196 NOK (-97.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.30× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -32.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation