Org.nr 988 971 332 2015 → 2016 Year-over-year analysis

ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2016 vs 2015

Shrank 17% on revenue, cash halved-plus

approved 2017-03-02; registry 2017-03-07; journal 2017 221811

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 3.51m NOK → 2.93m NOK (-16.6%). Equity -542.0k NOK → -171.8k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.51m NOK 2.93m NOK
-16.6%
Operating result
-543.5k NOK n/m
—
Equity
-542.0k NOK -171.8k NOK
+68.3%
Cash
20.7k NOK 25 NOK
-99.9%
Total assets
1.28m NOK 980.6k NOK
-23.5%

What improved

  • ↑

    Equity strengthened

    Book equity -542.0k NOK → -171.8k NOK (equity ratio -42.3% → -17.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.19m NOK → 1.74m NOK (91% → 60% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.51m NOK to 2.93m NOK (-16.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 20.7k NOK → 25 NOK (-99.9% YoY). Calculated