ADVOKAT MADS TORRISSEN AS: årsregnskap 2016 vs 2015
Shrank 73% on revenue, stronger earnings, cash halved-plus
approved 2017-04-28; registry 2017-05-10; journal 2017 313386
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT MADS TORRISSEN AS. Revenue 839.2k NOK → 227.4k NOK (-72.9%). Net result +14.9k NOK → +55.6k NOK. Equity 351.1k NOK → 406.7k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +8 449 NOK → +28.6k NOK (op. margin 1.0% → 12.6%). Calculated
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↑
Net result improved
Net result +14.9k NOK → +55.6k NOK (net margin 1.8% → 24.4%). Calculated
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↑
Equity strengthened
Book equity 351.1k NOK → 406.7k NOK (equity ratio 324.8% → 36.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 839.2k NOK to 227.4k NOK (-72.9% YoY). Calculated
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↓
Cash fell
Bank deposits 114.5k NOK → 45.9k NOK (-59.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 295.2k NOK → 447.5k NOK (35% → 197% of revenue). Calculated