FirmaIQ
Org.nr 913 516 850 2015 → 2016 Year-over-year analysis

ADVOKAT ERIK MØRCH AS: årsregnskap 2016 vs 2015

Shrank 54% on revenue, weaker earnings

approved 2017-03-31; registry 2017-05-02; journal 2017 300701

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT ERIK MØRCH AS. Revenue 562.3k NOK → 258.8k NOK (-54.0%). Net result +253.0k NOK → +66.5k NOK. Equity 30.0k NOK → 30.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
562.3k NOK 258.8k NOK
-54.0%
Operating result
+343.2k NOK +87.9k NOK
-74.4%
Net result
+253.0k NOK +66.5k NOK
-73.7%
Equity
30.0k NOK 30.0k NOK
0.0%
Cash
87.7k NOK 119.4k NOK
+36.2%
Total assets
468.0k NOK 119.4k NOK
-74.5%

What improved

  • ↑

    Cash rose

    Bank deposits 87.7k NOK → 119.4k NOK (+36.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 562.3k NOK to 258.8k NOK (-54.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +343.2k NOK → +87.9k NOK (op. margin 61.0% → 34.0%). Calculated

  • ↓

    Net result weakened

    Net result +253.0k NOK → +66.5k NOK (net margin 45.0% → 25.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 991 NOK → 170.9k NOK (1% → 66% of revenue). Calculated