Org.nr 992 606 045 2015 → 2016 Year-over-year analysis

ADVOKAT CAMILLA HAGEN AS: årsregnskap 2016 vs 2015

Shrank 31% on revenue

approved 2017-05-01; registry 2017-07-15; journal 2017 687518

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT CAMILLA HAGEN AS. Revenue 3.29m NOK → 2.27m NOK (-31.0%). Equity 233.6k NOK → 215.8k NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT CAMILLA HAGEN AS.

At a glance

Revenue

3.29m NOK 2.27m NOK

-31.0%

Net result

n/m -17.8k NOK

—

Equity

233.6k NOK 215.8k NOK

-7.6%

Cash

184.6k NOK 590.3k NOK

+219.8%

Total assets

2.37m NOK 1.51m NOK

-36.2%

↑
Cash rose

Bank deposits 184.6k NOK → 590.3k NOK (+219.8% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.99× → 1.06×. Calculated
↑
Payroll decreased

Salary cost 2.23m NOK → 1.43m NOK (68% → 63% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.29m NOK to 2.27m NOK (-31.0% YoY). Calculated
↓
Equity eroded

Book equity 233.6k NOK → 215.8k NOK (equity ratio 9.9% → 14.3%). Calculated