Org.nr 912 064 735 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET SKRÅNING AS: årsregnskap 2017 vs 2016

Shrank 6% on revenue, stronger earnings, cash halved-plus

approved 2018-04-20; registry 2018-05-07; journal 2018 304323

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET SKRÅNING AS. Revenue 458.8k NOK → 432.8k NOK (-5.7%). Net result +27.5k NOK → +58.6k NOK. Equity 70.6k NOK → 7.13m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
458.8k NOK 432.8k NOK
-5.7%
Operating result
+28.0k NOK +77.1k NOK
+175.5%
Net result
+27.5k NOK +58.6k NOK
+112.9%
Equity
70.6k NOK 7.13m NOK
+9996.0%
Cash
82.9k NOK 31.1k NOK
-62.5%
Total assets
167.1k NOK 263.7k NOK
+57.8%

What improved

  • ↑

    Operating result improved

    Operating result +28.0k NOK → +77.1k NOK (op. margin 6.1% → 17.8%). Calculated

  • ↑

    Net result improved

    Net result +27.5k NOK → +58.6k NOK (net margin 6.0% → 13.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 70.6k NOK → 7.13m NOK (equity ratio 42.3% → 2703.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 368.7k NOK → 280.1k NOK (80% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 458.8k NOK to 432.8k NOK (-5.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 82.9k NOK → 31.1k NOK (-62.5% YoY). Calculated