FirmaIQ
Org.nr 915 965 091 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET TORSTRUP AS: årsregnskap 2017 vs 2016

Grew 54% on revenue, stronger earnings, fresh owner capital

approved 2018-02-26; registry 2018-04-25; journal 2018 281398

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET TORSTRUP AS. Revenue 17.40m NOK → 26.85m NOK (+54.3%). Net result +4 737 NOK → +6.47m NOK. Equity 75.0k NOK → 455.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
17.40m NOK 26.85m NOK
+54.3%
Operating result
+6 413 NOK +8.64m NOK
+134691.2%
Net result
+4 737 NOK +6.47m NOK
+136487.2%
Equity
75.0k NOK 455.0k NOK
+506.7%
Cash
886.2k NOK 2.90m NOK
+227.5%
Total assets
34.2k NOK 14.57m NOK
+42532.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.40m NOK to 26.85m NOK (+54.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6 413 NOK → +8.64m NOK (op. margin 0.0% → 32.2%). Calculated

  • ↑

    Net result improved

    Net result +4 737 NOK → +6.47m NOK (net margin 0.0% → 24.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 75.0k NOK → 455.0k NOK (equity ratio 219.4% → 3.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 886.2k NOK → 2.90m NOK (+227.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 7.44m NOK → 12.21m NOK (43% → 45% of revenue). Calculated