Org.nr 998 580 676 2015 → 2016 Year-over-year analysis

ADVOCATOR ADVOKATFIRMA AS: årsregnskap 2016 vs 2015

Shrank 18% on revenue

approved 2017-04-26; registry 2017-06-03; journal 2017 386466

Full company analysis · All year comparisons

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.

Scorecard

Revenue
8.49m NOK 6.94m NOK
-18.3%
Equity
156.1k NOK 487.9k NOK
+212.5%
Cash
1.51m NOK 1.07m NOK
-29.2%
Total assets
4.10m NOK 3.08m NOK
-24.8%

What improved

  • ↑

    Equity strengthened

    Book equity 156.1k NOK → 487.9k NOK (equity ratio 3.8% → 15.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.39× → 1.56×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.49m NOK to 6.94m NOK (-18.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.51m NOK → 1.07m NOK (-29.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.41m NOK → 4.42m NOK (52% → 64% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 241.7k NOK → 141.7k NOK. Reported fact