Org.nr 813 409 682 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET ROGSTAD AS: årsregnskap 2017 vs 2016

Grew 146% on revenue

approved 2018-04-27; registry 2018-05-07; journal 2018 309822

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET ROGSTAD AS. Revenue 5.13m NOK → 12.62m NOK (+145.9%). Equity 12.32m NOK → 13 NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ROGSTAD AS.

Scorecard

Revenue
5.13m NOK 12.62m NOK
+145.9%
Equity
12.32m NOK 13 NOK
-100.0%
Cash
762.0k NOK 2.99bn NOK
+392100.2%
Total assets
344.2k NOK 5.91m NOK
+1617.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.13m NOK to 12.62m NOK (+145.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 762.0k NOK → 2.99bn NOK (+392100.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.05× → 1.35×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.32m NOK → 13 NOK (equity ratio 3580.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 185.9k NOK → 385.9k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 12. Reported fact