Org.nr 993 596 124 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET VINJE AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-02-28; registry 2018-03-10; journal 2018 225150

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET VINJE AS. Revenue 2.86m NOK → 2.74m NOK (-4.4%). Equity 578.9k NOK → 2.48m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET VINJE AS.

At a glance

Revenue

2.86m NOK 2.74m NOK

-4.4%

Equity

578.9k NOK 2.48m NOK

+328.5%

Cash

221.4k NOK 596 NOK

-99.7%

Total assets

3.68m NOK 8.44m NOK

+129.3%

↑
Equity strengthened

Book equity 578.9k NOK → 2.48m NOK (equity ratio 15.7% → 29.4%). Calculated
↑
Payroll decreased

Salary cost 733.8k NOK → 599.4k NOK (26% → 22% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.86m NOK to 2.74m NOK (-4.4% YoY). Calculated
↓
Cash fell

Bank deposits 221.4k NOK → 596 NOK (-99.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.37× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 15.9k NOK → 0 NOK. Reported fact