ADVOKATFIRMAET WULFF AS: årsregnskap 2017 vs 2016
Stronger earnings
approved 2018-04-25; registry 2018-05-07; journal 2018 303315
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET WULFF AS. Revenue 3.88m NOK → 3.81m NOK (-1.8%). Net result +43.7k NOK → +658.2k NOK. Equity 851.7k NOK → 763.4k NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET WULFF AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +43.7k NOK → +658.2k NOK (net margin 1.1% → 17.3%). Calculated
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↑
Cash rose
Bank deposits 153.4k NOK → 722.1k NOK (+370.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.89m NOK → 1.46m NOK (49% → 38% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.88m NOK to 3.81m NOK (-1.8% YoY). Calculated
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↓
Equity eroded
Book equity 851.7k NOK → 763.4k NOK (equity ratio 14.1% → 12.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 58.7k NOK → 23.7k NOK (-59.6% YoY). Calculated