ADVOKAT ESPEN SIMONSEN AS: årsregnskap 2016 vs 2015
A steady year on the published lines
approved 2017-03-21; registry 2017-05-02; journal 2017 302331
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT ESPEN SIMONSEN AS. Revenue 0 NOK → 3.68m NOK. Equity 8.24m NOK → 661.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT ESPEN SIMONSEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 3.68m NOK. Calculated
-
↑
Cash rose
Bank deposits 243.1k NOK → 370.3k NOK (+52.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 8.24m NOK → 661.1k NOK (equity ratio 3297.2% → 0.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 39.10× → 0.62× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation