FirmaIQ
Org.nr 951 336 637 2015 → 2016 Year-over-year analysis

ADVOKAT EVEN RØNVIK AS: årsregnskap 2016 vs 2015

Grew 34% on revenue, stronger earnings

approved 2017-04-06; registry 2017-04-19; journal 2017 275609

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT EVEN RØNVIK AS. Revenue 3.40m NOK → 4.57m NOK (+34.5%). Net result +1.34m NOK → +1.97m NOK. Equity 12.24m NOK → 8.21m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT EVEN RØNVIK AS.

At a glance

Scorecard

Revenue
3.40m NOK 4.57m NOK
+34.5%
Net result
+1.34m NOK +1.97m NOK
+47.3%
Equity
12.24m NOK 8.21m NOK
-32.9%
Cash
6.20m NOK 8.63m NOK
+39.1%
Total assets
13.01m NOK 15.07m NOK
+15.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.40m NOK to 4.57m NOK (+34.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.34m NOK → +1.97m NOK (net margin 39.3% → 43.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.20m NOK → 8.63m NOK (+39.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.24m NOK → 8.21m NOK (equity ratio 94.1% → 54.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.33m NOK → 1.52m NOK (39% → 33% of revenue). Calculated