Org.nr 988 988 065 2015 → 2016 Year-over-year analysis

ADVOKAT LEIRVÅG AS: årsregnskap 2016 vs 2015

Grew 5% on revenue

approved 2017-04-18; registry 2017-04-22; journal 2017 285628

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT LEIRVÅG AS. Revenue 2.20m NOK → 2.32m NOK (+5.5%). Net result +843.3k NOK → +720.0k NOK. Equity 728.8k NOK → 748.9k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT LEIRVÅG AS.

Scorecard

Revenue
2.20m NOK 2.32m NOK
+5.5%
Operating result
+1.17m NOK +959.9k NOK
-17.7%
Net result
+843.3k NOK +720.0k NOK
-14.6%
Equity
728.8k NOK 748.9k NOK
+2.7%
Cash
410.2k NOK 743.1k NOK
+81.1%
Total assets
2.25m NOK 1.95m NOK
-13.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.20m NOK to 2.32m NOK (+5.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 728.8k NOK → 748.9k NOK (equity ratio 32.3% → 38.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 410.2k NOK → 743.1k NOK (+81.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.17m NOK → +959.9k NOK (op. margin 53.1% → 41.4%). Calculated

  • ↓

    Net result weakened

    Net result +843.3k NOK → +720.0k NOK (net margin 38.3% → 31.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 590.6k NOK → 639.3k NOK (27% → 28% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 18.1k NOK → 6 389 NOK (-64.6% YoY). Calculated