FirmaIQ
Org.nr 917 334 110 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET TVETER OG KLØVFJELL AS: årsregnskap 2017 vs 2016

Grew 203252% on revenue, stronger earnings

approved 2018-04-30; registry 2018-05-08; journal 2018 317929

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET TVETER OG KLØVFJELL AS. Revenue 7 175 NOK → 14.59m NOK (+203252.3%). Net result +2.22m NOK → +3.37m NOK. Equity 2.32m NOK → 4.34m NOK.

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

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

At a glance

Scorecard

Revenue
7 175 NOK 14.59m NOK
+203252.3%
Operating result
+2.94m NOK +4.46m NOK
+51.7%
Net result
+2.22m NOK +3.37m NOK
+51.8%
Equity
2.32m NOK 4.34m NOK
+87.3%
Cash
2 993 NOK 3.13m NOK
+104442.1%
Total assets
5.82m NOK 7.31m NOK
+25.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7 175 NOK to 14.59m NOK (+203252.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.94m NOK → +4.46m NOK (op. margin 41024.6% → 30.6%). Calculated

  • ↑

    Net result improved

    Net result +2.22m NOK → +3.37m NOK (net margin 30976.3% → 23.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.32m NOK → 4.34m NOK (equity ratio 39.8% → 59.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 993 NOK → 3.13m NOK (+104442.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 044 NOK → 7.41m NOK (42% → 51% of revenue). Calculated