ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2017 vs 2016
Shrank 13% on revenue, cash halved-plus
approved 2018-04-27; registry 2018-05-07; journal 2018 311914
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 3.67m NOK → 3.18m NOK (-13.3%). Equity 206.3k NOK → 194.0k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RIISE & BROWN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.02× → 1.09×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.67m NOK to 3.18m NOK (-13.3% YoY). Calculated
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↓
Equity eroded
Book equity 206.3k NOK → 194.0k NOK (equity ratio 73.2% → 24.6%). Calculated
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↓
Cash fell
Bank deposits 481.2k NOK → 87.8k NOK (-81.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 89.7k NOK → 142.9k NOK. Reported fact