ADVOKATFIRMAET WANGBERG AS: årsregnskap 2017 vs 2016
Shrank 24% on revenue
approved 2018-04-18; registry 2018-05-07; journal 2018 304473
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET WANGBERG AS. Revenue 6.59m NOK → 4.98m NOK (-24.4%). Equity 317.9k NOK → 334.2k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET WANGBERG AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 317.9k NOK → 334.2k NOK (equity ratio 11.2% → 12.7%). Calculated
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↑
Payroll decreased
Salary cost 2.94m NOK → 2.61m NOK (45% → 52% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.59m NOK to 4.98m NOK (-24.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.76m NOK → +1.33m NOK (op. margin 26.6% → 26.6%). Calculated
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↓
Cash fell
Bank deposits 491.0k NOK → 266.4k NOK (-45.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 109.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation