Org.nr 988 375 616 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET STANGELAND AS: årsregnskap 2017 vs 2016

Stronger earnings, cash halved-plus

approved 2018-04-17; registry 2018-05-02; journal 2018 292461

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET STANGELAND AS. Revenue 1.30m NOK → 1.35m NOK (+3.5%). Net result +11.2k NOK → +38.3k NOK. Equity 1.30m NOK → 1.33m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET STANGELAND AS.

Scorecard

Revenue
1.30m NOK 1.35m NOK
+3.5%
Operating result
+10.6k NOK +42.0k NOK
+296.9%
Net result
+11.2k NOK +38.3k NOK
+242.3%
Equity
1.30m NOK 1.33m NOK
+2.2%
Cash
950.0k NOK 57.7k NOK
-93.9%
Total assets
1.42m NOK 1.53m NOK
+7.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.30m NOK to 1.35m NOK (+3.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.6k NOK → +42.0k NOK (op. margin 0.8% → 3.1%). Calculated

  • ↑

    Net result improved

    Net result +11.2k NOK → +38.3k NOK (net margin 0.9% → 2.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 1.33m NOK (equity ratio 92.0% → 87.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 950.0k NOK → 57.7k NOK (-93.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 710.8k NOK → 9.80m NOK (55% → 727% of revenue). Calculated