ADVOKAT JOHNSRUD HOLDING AS: årsregnskap 2016 vs 2015
Stronger earnings, cash halved-plus
approved 2017-05-30; registry 2017-07-12; journal 2017 669901
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT JOHNSRUD HOLDING AS. Net result +602 NOK → +63.8k NOK. Equity 9.35m NOK → 7.52m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKAT JOHNSRUD HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +602 NOK → +63.8k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +17.0k NOK → -20.9k NOK. Calculated
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↓
Equity eroded
Book equity 9.35m NOK → 7.52m NOK (equity ratio 89.2% → 82.5%). Calculated
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↓
Cash fell
Bank deposits 3.41m NOK → 1.01m NOK (-70.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.41m NOK → 1.01m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 2.60m NOK → 4.02m NOK. Reported fact