ADVOKAT FRANK OVE KVALVIK AS: årsregnskap 2016 vs 2015
Shrank 68% on revenue
approved 2017-03-28; registry 2017-03-30; journal 2017 253316
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT FRANK OVE KVALVIK AS. Revenue 1.93m NOK → 613.6k NOK (-68.2%). Equity 756.6k NOK → 919.5k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 756.6k NOK → 919.5k NOK (equity ratio 47.0% → 56.9%). Calculated
-
↑
Cash rose
Bank deposits 86.8k NOK → 293.9k NOK (+238.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 986.9k NOK → 876.9k NOK (51% → 143% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.93m NOK to 613.6k NOK (-68.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.57× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated