FirmaIQ
Org.nr 996 467 511 2016 → 2017 Year-over-year analysis

ADVOKATORIET AS: årsregnskap 2017 vs 2016

Grew 14% on revenue, stronger earnings, cash halved-plus

approved 2018-04-25; registry 2018-05-07; journal 2018 309612

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATORIET AS. Revenue 3.68m NOK → 4.20m NOK (+14.3%). Net result +613.9k NOK → +875.1k NOK. Equity 559.7k NOK → 714.8k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATORIET AS.

At a glance

Scorecard

Revenue
3.68m NOK 4.20m NOK
+14.3%
Operating result
+820.6k NOK +1.15m NOK
+40.1%
Net result
+613.9k NOK +875.1k NOK
+42.5%
Equity
559.7k NOK 714.8k NOK
+27.7%
Cash
801.9k NOK 104.4k NOK
-87.0%
Total assets
1.78m NOK 2.50m NOK
+40.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.68m NOK to 4.20m NOK (+14.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +820.6k NOK → +1.15m NOK (op. margin 22.3% → 27.4%). Calculated

  • ↑

    Net result improved

    Net result +613.9k NOK → +875.1k NOK (net margin 16.7% → 20.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 559.7k NOK → 714.8k NOK (equity ratio 31.4% → 28.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 801.9k NOK → 104.4k NOK (-87.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.77m NOK → 1.78m NOK (48% → 42% of revenue). Calculated