Org.nr 991 418 210 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET ROANDER & CO AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-04-27; registry 2018-05-07; journal 2018 311950

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET ROANDER & CO AS. Revenue 9.32m NOK → 9.05m NOK (-2.9%). Equity 6.36m NOK → 6.93m NOK.

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

Net tougher year on the published lines.

At a glance

Revenue

9.32m NOK 9.05m NOK

-2.9%

Operating result

+2.85m NOK +2.07m NOK

-27.3%

Net result

+2.24m NOK n/m

—

Equity

6.36m NOK 6.93m NOK

+9.0%

Cash

6.02m NOK 3.30m NOK

-45.1%

Total assets

12.81m NOK 10.63m NOK

-17.0%

↑
Equity strengthened

Book equity 6.36m NOK → 6.93m NOK (equity ratio 49.7% → 65.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.32m NOK to 9.05m NOK (-2.9% YoY). Calculated
↓
Operating result weakened

Operating result +2.85m NOK → +2.07m NOK (op. margin 30.5% → 22.8%). Calculated
↓
Cash fell

Bank deposits 6.02m NOK → 3.30m NOK (-45.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 5.14m NOK → 5.77m NOK (55% → 64% of revenue). Calculated