ADVOKATFIRMAET SGB AS: årsregnskap 2017 vs 2016
Grew 23% on revenue
approved 2018-04-10; registry 2018-04-25; journal 2018 283790
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET SGB AS. Revenue 20.98m NOK → 25.86m NOK (+23.3%). Net result +7.94m NOK → +8.82m NOK. Equity 4.08m NOK → 3.81m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET SGB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.98m NOK to 25.86m NOK (+23.3% YoY). Calculated
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↑
Net result improved
Net result +7.94m NOK → +8.82m NOK (net margin 37.8% → 34.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +7.99m NOK → +873.0k NOK (op. margin 38.1% → 3.4%). Calculated
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↓
Equity eroded
Book equity 4.08m NOK → 3.81m NOK (equity ratio 59.9% → 62.2%). Calculated
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↓
Cash fell
Bank deposits 818.3k NOK → 695.7k NOK (-15.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 4.03m NOK → 3.69m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 9.18m NOK → 11.77m NOK (44% → 46% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 11.9k NOK → 103.5k NOK (+769.8% YoY). Calculated