ADVOCATIA NORWEGIAN LAW ALLIANCE AS: årsregnskap 2016 vs 2015
Shrank 27% on revenue, weaker earnings
approved 2017-06-16; registry 2017-06-22; journal 2017 507101
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOCATIA NORWEGIAN LAW ALLIANCE AS. Revenue 1.34m NOK → 975.0k NOK (-27.2%). Net result -27.3k NOK → -46.9k NOK. Equity 184.4k NOK → 137.4k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOCATIA NORWEGIAN LAW ALLIANCE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.34m NOK to 975.0k NOK (-27.2% YoY). Calculated
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↓
Net result weakened
Net result -27.3k NOK → -46.9k NOK (net margin -2.0% → -4.8%). Calculated
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↓
Equity eroded
Book equity 184.4k NOK → 137.4k NOK (equity ratio 118.1% → 124.9%). Calculated
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↓
Cash fell
Bank deposits 147.3k NOK → 100.5k NOK (-31.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 854.5k NOK → 778.9k NOK (-8.8% YoY). Calculated