ADVOKAT KJELL MYRLAND AS: årsregnskap 2016 vs 2015
Shrank 23% on revenue
approved 2017-04-26; registry 2017-07-17; journal 2017 699368
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT KJELL MYRLAND AS. Revenue 3.62m NOK → 2.80m NOK (-22.8%). Equity 2.50m NOK → 498.7k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +18.0k NOK → +208.2k NOK (op. margin 0.5% → 7.4%). Calculated
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Current ratio back above 1×
Current ratio 0.43× → 1.55×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.62m NOK to 2.80m NOK (-22.8% YoY). Calculated
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↓
Equity eroded
Book equity 2.50m NOK → 498.7k NOK (equity ratio 171.2% → 43.8%). Calculated
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↓
Cash fell
Bank deposits 713.3k NOK → 419.8k NOK (-41.2% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1.25m NOK → 5.15m NOK (35% → 184% of revenue). Calculated