Org.nr 992 149 248 2015 → 2016 Year-over-year analysis

ADVOKAT AS: årsregnskap 2016 vs 2015

Shrank 17% on revenue, weaker earnings

approved 2017-04-15; registry 2017-05-02; journal 2017 301439

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT AS. Revenue 611.1k NOK → 507.3k NOK (-17.0%). Net result +375.81m NOK → +227.87m NOK. Equity 2.59m NOK → 2.82m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
611.1k NOK 507.3k NOK
-17.0%
Operating result
+470.7k NOK +290.1k NOK
-38.4%
Net result
+375.81m NOK +227.87m NOK
-39.4%
Equity
2.59m NOK 2.82m NOK
+8.8%
Cash
2.53m NOK 2.80m NOK
+10.5%
Total assets
2.88m NOK 2.92m NOK
+1.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.59m NOK → 2.82m NOK (equity ratio 90.1% → 96.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.53m NOK → 2.80m NOK (+10.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 27.1k NOK → 7 152 NOK (4% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 611.1k NOK to 507.3k NOK (-17.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +470.7k NOK → +290.1k NOK (op. margin 77.0% → 57.2%). Calculated

  • ↓

    Net result weakened

    Net result +375.81m NOK → +227.87m NOK (net margin 61496.5% → 44919.6%). Calculated