Org.nr 988 038 687 2015 → 2016 Year-over-year analysis

ADVOKAT DAG RØED AS: årsregnskap 2016 vs 2015

Shrank 29% on revenue

approved 2017-03-29; registry 2017-04-25; journal 2017 290796

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT DAG RØED AS. Revenue 1.53m NOK → 1.09m NOK (-28.8%). Net result +227.5k NOK → +182.7k NOK. Equity 869.2k NOK → 451.9k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
1.53m NOK 1.09m NOK
-28.8%
Operating result
+300.9k NOK +236.2k NOK
-21.5%
Net result
+227.5k NOK +182.7k NOK
-19.7%
Equity
869.2k NOK 451.9k NOK
-48.0%
Cash
934.6k NOK 932.1k NOK
-0.3%
Total assets
218.8k NOK n/m
—

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.64× → 1.50×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.53m NOK to 1.09m NOK (-28.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +300.9k NOK → +236.2k NOK (op. margin 19.7% → 21.7%). Calculated

  • ↓

    Net result weakened

    Net result +227.5k NOK → +182.7k NOK (net margin 14.9% → 16.8%). Calculated

  • ↓

    Equity eroded

    Book equity 869.2k NOK → 451.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 934.6k NOK → 932.1k NOK (-0.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 886.5k NOK → 565.3k NOK (-36.2% YoY). Calculated