ADVOKAT JAN HAMMERSENG AS: årsregnskap 2016 vs 2015
Shrank 24% on revenue, slipped into loss, cash halved-plus
approved 2017-05-31; registry 2017-06-21; journal 2017 494231
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT JAN HAMMERSENG AS. Revenue 780.7k NOK → 590.8k NOK (-24.3%). Net result +94.7k NOK → -107.7k NOK. Equity 229.8k NOK → 122.2k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 780.7k NOK to 590.8k NOK (-24.3% YoY). Calculated
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Operating result weakened
Operating result +30.7k NOK → -108.8k NOK (op. margin 3.9% → -18.4%). Calculated
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Fell into a net loss
Net result flipped from 94.7k NOK profit to a loss of 107.7k NOK. Calculated
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Equity eroded
Book equity 229.8k NOK → 122.2k NOK (equity ratio 30.6% → 23.5%). Calculated
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Cash fell
Bank deposits 395.3k NOK → 195.2k NOK (-50.6% YoY). Calculated