ADVOKATFIRMAET VIKSE AS: årsregnskap 2017 vs 2016
Grew 27852% on revenue, stronger earnings, cash halved-plus
approved 2018-02-14; registry 2018-02-22; journal 2018 211553
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET VIKSE AS. Revenue 1 512 NOK → 422.6k NOK (+27852.2%). Net result +2 016 NOK → +282.8k NOK. Equity 326.6k NOK → 30.4k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET VIKSE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 512 NOK to 422.6k NOK (+27852.2% YoY). Calculated
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↑
Net result improved
Net result +2 016 NOK → +282.8k NOK (net margin 133.3% → 66.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +400.8k NOK → +370.7k NOK (op. margin 26509.0% → 87.7%). Calculated
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↓
Equity eroded
Book equity 326.6k NOK → 30.4k NOK (equity ratio 43.4% → 294.6%). Calculated
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↓
Cash fell
Bank deposits 70.7k NOK → 34.0k NOK (-52.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.73× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 652 NOK → 543.9k NOK (175% → 129% of revenue). Calculated