ADVOKATFIRMAET SØNNING AS: årsregnskap 2017 vs 2016
Grew 178277% on revenue
approved 2018-04-11; registry 2018-05-08; journal 2018 317643
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET SØNNING AS. Revenue 1 434 NOK → 2.56m NOK (+178276.6%). Equity 103.7k NOK → 96.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET SØNNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 434 NOK to 2.56m NOK (+178276.6% YoY). Calculated
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↑
Operating result improved
Operating result +1 283 NOK → +1.96m NOK (op. margin 89.5% → 76.7%). Calculated
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↑
Cash rose
Bank deposits 1 250 NOK → 140.0k NOK (+11103.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 103.7k NOK → 96.9k NOK (equity ratio 6.8% → 4.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1073.03× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation