FirmaIQ
Org.nr 916 797 524 2016 → 2017 Year-over-year analysis

ADVOKATHUSET VELAND OG THINGVOLD AS: årsregnskap 2017 vs 2016

Grew 55% on revenue, slipped into loss

approved 2018-04-27; registry 2018-05-08; journal 2018 316207

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATHUSET VELAND OG THINGVOLD AS. Revenue 3.75m NOK → 5.82m NOK (+55.1%). Net result +846.9k NOK → -89.8k NOK. Equity 5.87m NOK → 777.1k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATHUSET VELAND OG THINGVOLD AS.

At a glance

Scorecard

Revenue
3.75m NOK 5.82m NOK
+55.1%
Operating result
+1.16m NOK -87.3k NOK
-107.5%
Net result
+846.9k NOK -89.8k NOK
-110.6%
Equity
5.87m NOK 777.1k NOK
-86.8%
Cash
484.2k NOK 696.3k NOK
+43.8%
Total assets
1.76m NOK 1.96m NOK
+11.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.75m NOK to 5.82m NOK (+55.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 484.2k NOK → 696.3k NOK (+43.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.16m NOK → -87.3k NOK (op. margin 30.9% → -1.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 846.9k NOK profit to a loss of 89.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.87m NOK → 777.1k NOK (equity ratio 333.9% → 39.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 355 NOK → 3.94m NOK (0% → 68% of revenue). Calculated