ADVOKATHUSET JUST AS: årsregnskap 2017 vs 2016
Another loss-making year
approved 2018-05-02; registry 2018-05-26; journal 2018 352457
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATHUSET JUST AS. Revenue 1.84m NOK → 1.91m NOK (+3.4%). Net result -29.8k NOK → -31.9k NOK. Equity 146.4k NOK → 114.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATHUSET JUST AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.84m NOK to 1.91m NOK (+3.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 19.2k NOK → 34.3k NOK (+78.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -29.8k NOK → -31.9k NOK (net margin -1.6% → -1.7%). Calculated
-
↓
Equity eroded
Book equity 146.4k NOK → 114.5k NOK (equity ratio 40.0% → 29.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 624.6k NOK → 813.6k NOK (34% → 43% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 47.0k NOK → 6 155 NOK (-86.9% YoY). Calculated