ADVOKAT HANNE WESCHE AS: årsregnskap 2016 vs 2015
Grew 111768% on revenue, stronger earnings
approved 2017-04-25; registry 2017-05-06; journal 2017 308610
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT HANNE WESCHE AS. Revenue 2 552 NOK → 2.85m NOK (+111767.6%). Net result +4 508 NOK → +560.9k NOK. Equity 4.77m NOK → 829.3k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT HANNE WESCHE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2 552 NOK to 2.85m NOK (+111767.6% YoY). Calculated
-
↑
Net result improved
Net result +4 508 NOK → +560.9k NOK (net margin 176.6% → 19.6%). Calculated
-
↑
Cash rose
Bank deposits 1 768 NOK → 711.9k NOK (+40166.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 4.77m NOK → 829.3k NOK (equity ratio 170.3% → 42.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 234 NOK → 1.47m NOK (48% → 52% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 27.7k NOK → 21.5k NOK (-22.4% YoY). Calculated