FirmaIQ
Org.nr 988 334 715 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET SAEME AS: årsregnskap 2017 vs 2016

Shrank 29% on revenue, weaker earnings

approved 2018-04-27; registry 2018-05-08; journal 2018 314835

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET SAEME AS. Revenue 11.16m NOK → 7.88m NOK (-29.4%). Net result +3.30m NOK → +808.3k NOK. Equity 24.69m NOK → 25.50m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SAEME AS.

At a glance

Scorecard

Revenue
11.16m NOK 7.88m NOK
-29.4%
Operating result
+4.74m NOK +1.43m NOK
-69.9%
Net result
+3.30m NOK +808.3k NOK
-75.5%
Equity
24.69m NOK 25.50m NOK
+3.3%
Cash
5.80m NOK 5.14m NOK
-11.3%
Total assets
36.43m NOK 52.84m NOK
+45.1%

What improved

  • ↑

    Equity strengthened

    Book equity 24.69m NOK → 25.50m NOK (equity ratio 67.8% → 48.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.65m NOK → 3.48m NOK (33% → 44% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.16m NOK to 7.88m NOK (-29.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.74m NOK → +1.43m NOK (op. margin 42.4% → 18.1%). Calculated

  • ↓

    Net result weakened

    Net result +3.30m NOK → +808.3k NOK (net margin 29.6% → 10.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.80m NOK → 5.14m NOK (-11.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 691.9k NOK → 445.8k NOK (-35.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.30m NOK → 31.80m NOK. Reported fact