Org.nr 987 579 072 2015 → 2016 Year-over-year analysis

ADVOKAT OLAV MARTIN JENTOFT JR AS: årsregnskap 2016 vs 2015

Shrank 11% on revenue, cash halved-plus

approved 2017-04-20; registry 2017-04-25; journal 2017 293418

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT OLAV MARTIN JENTOFT JR AS. Revenue 3.29m NOK → 2.94m NOK (-10.7%). Equity 100.0k NOK → 461.7k NOK.

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

Net tougher year on the published lines.

At a glance

Revenue

3.29m NOK 2.94m NOK

-10.7%

Operating result

+937.4k NOK +548.6k NOK

-41.5%

Net result

+2 015 NOK n/m

—

Equity

100.0k NOK 461.7k NOK

+361.7%

Cash

858.7k NOK 256.9k NOK

-70.1%

Total assets

1.49m NOK 1.87m NOK

+25.5%

↑
Equity strengthened

Book equity 100.0k NOK → 461.7k NOK (equity ratio 6.7% → 24.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.29m NOK to 2.94m NOK (-10.7% YoY). Calculated
↓
Operating result weakened

Operating result +937.4k NOK → +548.6k NOK (op. margin 28.5% → 18.6%). Calculated
↓
Cash fell

Bank deposits 858.7k NOK → 256.9k NOK (-70.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3 NOK → 3.81m NOK (0% → 130% of revenue). Calculated