FirmaIQ
Org.nr 992 564 342 2016 → 2017 Year-over-year analysis

ADVOKATHUSET BREIVIK AS: årsregnskap 2017 vs 2016

Shrank 18% on revenue, stronger earnings

approved 2018-04-05; registry 2018-04-18; journal 2018 270384

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATHUSET BREIVIK AS. Revenue 3.40m NOK → 2.78m NOK (-18.2%). Net result +64.0k NOK → +5.24m NOK. Equity 2.11m NOK → 352.4k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
3.40m NOK 2.78m NOK
-18.2%
Operating result
+90.1k NOK +322.3k NOK
+257.8%
Net result
+64.0k NOK +5.24m NOK
+8095.8%
Equity
2.11m NOK 352.4k NOK
-83.3%
Cash
1 734 NOK 501.7k NOK
+28831.1%
Total assets
773.8k NOK 995.9k NOK
+28.7%

What improved

  • ↑

    Operating result improved

    Operating result +90.1k NOK → +322.3k NOK (op. margin 2.7% → 11.6%). Calculated

  • ↑

    Net result improved

    Net result +64.0k NOK → +5.24m NOK (net margin 1.9% → 188.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 734 NOK → 501.7k NOK (+28831.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.59m NOK → 1.75m NOK (76% → 63% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.40m NOK to 2.78m NOK (-18.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.11m NOK → 352.4k NOK (equity ratio 272.7% → 35.4%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 9 992 NOK → 161.8k NOK (+1518.8% YoY). Calculated