Org.nr 917 019 983 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET TAHA AS: årsregnskap 2017 vs 2016

Grew 28382% on revenue, weaker earnings

approved 2018-04-26; registry 2018-05-07; journal 2018 309972

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET TAHA AS. Revenue 2 151 NOK → 612.6k NOK (+28381.9%). Net result -64.5k NOK → -181.5k NOK. Equity -34.5k NOK → -216.0k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET TAHA AS.

Scorecard

Revenue
2 151 NOK 612.6k NOK
+28381.9%
Operating result
-55.0k NOK -170.8k NOK
-210.2%
Net result
-64.5k NOK -181.5k NOK
-181.3%
Equity
-34.5k NOK -216.0k NOK
-525.8%
Cash
262.3k NOK 135.1k NOK
-48.5%
Total assets
473.3k NOK 206.6k NOK
-56.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 151 NOK to 612.6k NOK (+28381.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -55.0k NOK → -170.8k NOK (op. margin -2559.0% → -27.9%). Calculated

  • ↓

    Net result weakened

    Net result -64.5k NOK → -181.5k NOK (net margin -2999.6% → -29.6%). Calculated

  • ↓

    Equity eroded

    Book equity -34.5k NOK → -216.0k NOK (equity ratio -7.3% → -104.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 262.3k NOK → 135.1k NOK (-48.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -104.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 531 NOK → 2.34m NOK (71% → 381% of revenue). Calculated