Org.nr 989 258 699 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET SYLTE AS: årsregnskap 2017 vs 2016

Shrank 15% on revenue

approved 2018-04-27; registry 2018-05-08; journal 2018 314769

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET SYLTE AS. Revenue 24.73m NOK → 21.13m NOK (-14.6%). Equity 12.56m NOK → 13.21m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SYLTE AS.

At a glance

Revenue

24.73m NOK 21.13m NOK

-14.6%

Equity

12.56m NOK 13.21m NOK

+5.2%

Cash

12.27m NOK 7.79m NOK

-36.5%

Total assets

17.42m NOK 23.29m NOK

+33.6%

↑
Equity strengthened

Book equity 12.56m NOK → 13.21m NOK (equity ratio 72.1% → 56.7%). Calculated
↑
Payroll decreased

Salary cost 14.61m NOK → 11.81m NOK (59% → 56% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 24.73m NOK to 21.13m NOK (-14.6% YoY). Calculated
↓
Cash fell

Bank deposits 12.27m NOK → 7.79m NOK (-36.5% YoY). Calculated

·
COGS fell

COGS / varekostnad 261.9k NOK → 160.6k NOK (-38.7% YoY). Calculated