FirmaIQ
Org.nr 912 184 722 2016 → 2017 Year-over-year analysis

ADVOKATHUSET HARSTAD AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-04-30; registry 2018-05-08; journal 2018 319465

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATHUSET HARSTAD AS. Revenue 5.05m NOK → 4.82m NOK (-4.5%). Net result +701.44m NOK → +103.72m NOK. Equity 767.6k NOK → 646.3k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATHUSET HARSTAD AS.

At a glance

Scorecard

Revenue
5.05m NOK 4.82m NOK
-4.5%
Operating result
+10.50m NOK +135.02m NOK
+1186.0%
Net result
+701.44m NOK +103.72m NOK
-85.2%
Equity
767.6k NOK 646.3k NOK
-15.8%
Cash
1.81m NOK 1.56m NOK
-14.0%
Total assets
2.49m NOK 2.16m NOK
-13.2%

What improved

  • ↑

    Operating result improved

    Operating result +10.50m NOK → +135.02m NOK (op. margin 208.1% → 2802.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.05m NOK to 4.82m NOK (-4.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +701.44m NOK → +103.72m NOK (net margin 13899.5% → 2152.8%). Calculated

  • ↓

    Equity eroded

    Book equity 767.6k NOK → 646.3k NOK (equity ratio 30.9% → 30.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.81m NOK → 1.56m NOK (-14.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.29m NOK → 3.50m NOK (65% → 73% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 93.2k NOK → 68.2k NOK (-26.8% YoY). Calculated