Org.nr 989 187 562 2015 → 2016 Year-over-year analysis

ADVOKAT JØRN EIKANGER AS: årsregnskap 2016 vs 2015

Grew 15% on revenue

approved 2017-02-13; registry 2017-03-01; journal 2017 214877

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT JØRN EIKANGER AS. Revenue 2.36m NOK → 2.71m NOK (+14.9%). Equity 166.0k NOK → 145.1k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded.

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

At a glance

Revenue

2.36m NOK 2.71m NOK

+14.9%

Operating result

+683.91m NOK +1 165 NOK

-100.0%

Equity

166.0k NOK 145.1k NOK

-12.6%

Cash

1.19m NOK 1.30m NOK

+9.2%

Total assets

1.40m NOK 1.50m NOK

+7.5%

↑
Revenue rose

Operating income / revenue moved from 2.36m NOK to 2.71m NOK (+14.9% YoY). Calculated
↑
Cash rose

Bank deposits 1.19m NOK → 1.30m NOK (+9.2% YoY). Calculated
↑
Payroll decreased

Salary cost 830.9k NOK → 795.5k NOK (35% → 29% of revenue). Calculated

↓
Operating result weakened

Operating result +683.91m NOK → +1 165 NOK (op. margin 28949.2% → 0.0%). Calculated
↓
Equity eroded

Book equity 166.0k NOK → 145.1k NOK (equity ratio 11.9% → 9.7%). Calculated

·
Thin equity buffer

Equity ratio is 9.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation