ADVOKAT HÅVAR WIIK AS: årsregnskap 2016 vs 2015
Grew 8% on revenue
approved 2017-04-24; registry 2017-05-03; journal 2017 304624
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT HÅVAR WIIK AS. Revenue 1.71m NOK → 1.85m NOK (+8.1%). Equity 128.2k NOK → 25.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT HÅVAR WIIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.71m NOK to 1.85m NOK (+8.1% YoY). Calculated
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↑
Cash rose
Bank deposits 23.3k NOK → 93.2k NOK (+300.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 128.2k NOK → 25.8k NOK (equity ratio 32.6% → 6.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.46× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.27m NOK → 1.62m NOK (74% → 87% of revenue). Calculated