Org.nr 984 071 329 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-03-19; registry 2018-03-22; journal 2018 242883

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET RØED AS. Revenue 2.39m NOK → 2.33m NOK (-2.7%). Net result -8 509 NOK → -115.5k NOK. Equity 1.16m NOK → 1.04m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
2.39m NOK 2.33m NOK
-2.7%
Operating result
-5 951 NOK -148.0k NOK
-2387.6%
Net result
-8 509 NOK -115.5k NOK
-1257.2%
Equity
1.16m NOK 1.04m NOK
-10.0%
Cash
711.4k NOK 611.8k NOK
-14.0%
Total assets
1.70m NOK 1.59m NOK
-6.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.71m NOK → 1.70m NOK (71% → 73% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.39m NOK to 2.33m NOK (-2.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -5 951 NOK → -148.0k NOK (op. margin -0.2% → -6.4%). Calculated

  • ↓

    Net result weakened

    Net result -8 509 NOK → -115.5k NOK (net margin -0.4% → -5.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.16m NOK → 1.04m NOK (equity ratio 68.1% → 65.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 711.4k NOK → 611.8k NOK (-14.0% YoY). Calculated