ADVOKATKOLLEGIUM AS: årsregnskap 2017 vs 2016
Grew 23% on revenue, slipped into loss
approved 2018-05-28; registry 2018-07-24; journal 2018 774474
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATKOLLEGIUM AS. Revenue 2.46m NOK → 3.02m NOK (+22.7%). Net result +14.2k NOK → -85.3k NOK. Equity 3 954 NOK → -84.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATKOLLEGIUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.46m NOK to 3.02m NOK (+22.7% YoY). Calculated
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↑
Cash rose
Bank deposits 70.4k NOK → 206.8k NOK (+193.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +14.5k NOK → -85.4k NOK (op. margin 0.6% → -2.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 14.2k NOK profit to a loss of 85.3k NOK. Calculated
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↓
Equity eroded
Book equity 3 954 NOK → -84.4k NOK (equity ratio 1.5% → -30.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -30.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 158.0k NOK → 1.89m NOK (6% → 63% of revenue). Calculated