Org.nr 986 366 709 2015 → 2016 Year-over-year analysis

ADVOKAT LEIF STRØM AS: årsregnskap 2016 vs 2015

Shrank 27% on revenue

approved 2017-02-16; registry 2017-02-20; journal 2017 210122

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT LEIF STRØM AS. Revenue 3.23m NOK → 2.35m NOK (-27.2%). Equity 821.5k NOK → 764.9k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.23m NOK 2.35m NOK
-27.2%
Equity
821.5k NOK 764.9k NOK
-6.9%
Cash
1.06m NOK 1.07m NOK
+0.4%
Total assets
1.92m NOK 1.54m NOK
-20.0%

What improved

  • ↑

    Cash rose

    Bank deposits 1.06m NOK → 1.07m NOK (+0.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.69m NOK → 1.38m NOK (52% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.23m NOK to 2.35m NOK (-27.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 821.5k NOK → 764.9k NOK (equity ratio 42.8% → 49.8%). Calculated