ADVOCATOR ADVOKATFIRMA AS: årsregnskap 2016 vs 2015
Shrank 18% on revenue
approved 2017-04-26; registry 2017-06-03; journal 2017 386466
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOCATOR ADVOKATFIRMA AS. Revenue 8.49m NOK → 6.94m NOK (-18.3%). Equity 156.1k NOK → 487.9k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOCATOR ADVOKATFIRMA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 156.1k NOK → 487.9k NOK (equity ratio 3.8% → 15.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.39× → 1.56×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.49m NOK to 6.94m NOK (-18.3% YoY). Calculated
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↓
Cash fell
Bank deposits 1.51m NOK → 1.07m NOK (-29.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.41m NOK → 4.42m NOK (52% → 64% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 241.7k NOK → 141.7k NOK. Reported fact