FirmaIQ
Org.nr 996 316 777 2015 → 2016 Year-over-year analysis

ADVOKAT GISLE LOSO AS: årsregnskap 2016 vs 2015

Shrank 7% on revenue, stronger earnings

approved 2017-06-30; registry 2017-07-20; journal 2017 745107

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT GISLE LOSO AS. Revenue 4.00m NOK → 3.70m NOK (-7.5%). Net result +37.3k NOK → +83.2k NOK. Equity 240.7k NOK → 157.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT GISLE LOSO AS.

At a glance

Scorecard

Revenue
4.00m NOK 3.70m NOK
-7.5%
Operating result
+36.9k NOK +118.7k NOK
+221.8%
Net result
+37.3k NOK +83.2k NOK
+122.9%
Equity
240.7k NOK 157.5k NOK
-34.6%
Cash
1.06m NOK 1.20m NOK
+13.4%
Total assets
1.56m NOK 1.65m NOK
+5.8%

What improved

  • ↑

    Operating result improved

    Operating result +36.9k NOK → +118.7k NOK (op. margin 0.9% → 3.2%). Calculated

  • ↑

    Net result improved

    Net result +37.3k NOK → +83.2k NOK (net margin 0.9% → 2.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.06m NOK → 1.20m NOK (+13.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.28m NOK → 3.19m NOK (82% → 86% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.00m NOK to 3.70m NOK (-7.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 240.7k NOK → 157.5k NOK (equity ratio 15.5% → 9.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation