FirmaIQ
Org.nr 990 573 603 2015 → 2016 Year-over-year analysis

ADVOKAT MAGNHILD MERINGEN AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-04-18; registry 2017-04-22; journal 2017 285604

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT MAGNHILD MERINGEN AS. Revenue 2.19m NOK → 2.22m NOK (+1.2%). Net result +276.0k NOK → +139.3k NOK. Equity 916.5k NOK → 755.8k NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT MAGNHILD MERINGEN AS.

At a glance

Scorecard

Revenue
2.19m NOK 2.22m NOK
+1.2%
Operating result
+404.3k NOK +130.5k NOK
-67.7%
Net result
+276.0k NOK +139.3k NOK
-49.5%
Equity
916.5k NOK 755.8k NOK
-17.5%
Cash
655.8k NOK 475.0k NOK
-27.6%
Total assets
2.78m NOK 2.57m NOK
-7.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.19m NOK to 2.22m NOK (+1.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +404.3k NOK → +130.5k NOK (op. margin 18.5% → 5.9%). Calculated

  • ↓

    Net result weakened

    Net result +276.0k NOK → +139.3k NOK (net margin 12.6% → 6.3%). Calculated

  • ↓

    Equity eroded

    Book equity 916.5k NOK → 755.8k NOK (equity ratio 33.0% → 29.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 655.8k NOK → 475.0k NOK (-27.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.35m NOK → 1.56m NOK (62% → 70% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 200 NOK → 1.20m NOK. Reported fact