Org.nr 996 399 869 2015 → 2016 Year-over-year analysis

ADNOR ADVOKAT AS: årsregnskap 2016 vs 2015

Shrank 15% on revenue, fresh owner capital

approved 2017-04-30; registry 2017-07-10; journal 2017 639766

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADNOR ADVOKAT AS. Revenue 23.58m NOK → 20.15m NOK (-14.5%). Equity 551.5k NOK → 2.63m NOK.

On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Revenue

23.58m NOK 20.15m NOK

-14.5%

Net result

+22.0k NOK n/m

—

Equity

551.5k NOK 2.63m NOK

+376.4%

Cash

1.51m NOK 1.24m NOK

-17.8%

Total assets

7.26m NOK 6.78m NOK

-6.6%

↑
Equity strengthened

Book equity 551.5k NOK → 2.63m NOK (equity ratio 7.6% → 38.7%). Calculated
↑
Owners injected capital

Paid-in equity rose 424 NOK → 424.0k NOK (+423.6k NOK). Reported fact
↑
Payroll decreased

Salary cost 13.61m NOK → 12.51m NOK (58% → 62% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 23.58m NOK to 20.15m NOK (-14.5% YoY). Calculated
↓
Cash fell

Bank deposits 1.51m NOK → 1.24m NOK (-17.8% YoY). Calculated