Org.nr 989 580 477 2015 → 2016 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2016 vs 2015

Grew 13% on revenue

approved 2017-04-26; registry 2017-05-09; journal 2017 311628

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT KJETIL H. NILSEN AS. Revenue 2.24m NOK → 2.54m NOK (+13.1%). Equity 11.52m NOK → 792.5k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJETIL H. NILSEN AS.

At a glance

Revenue

2.24m NOK 2.54m NOK

+13.1%

Operating result

-213.5k NOK +364.1k NOK

+270.6%

Net result

n/m +273.1k NOK

—

Equity

11.52m NOK 792.5k NOK

-93.1%

Cash

435.1k NOK 775.2k NOK

+78.2%

Total assets

937.0k NOK 148.0k NOK

-84.2%

↑
Revenue rose

Operating income / revenue moved from 2.24m NOK to 2.54m NOK (+13.1% YoY). Calculated
↑
Operating result improved

Operating result -213.5k NOK → +364.1k NOK (op. margin -9.5% → 14.3%). Calculated
↑
Cash rose

Bank deposits 435.1k NOK → 775.2k NOK (+78.2% YoY). Calculated

↓
Equity eroded

Book equity 11.52m NOK → 792.5k NOK (equity ratio 1229.3% → 535.3%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.90× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 1 NOK → 5.58m NOK (0% → 220% of revenue). Calculated