Org.nr 813 744 082 2015 → 2016 Year-over-year analysis

ADVOKAT ØYSTEIN HANSEN AS: årsregnskap 2016 vs 2015

Grew 24% on revenue, cash halved-plus

approved 2017-04-15; registry 2017-05-11; journal 2017 316044

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT ØYSTEIN HANSEN AS. Revenue 690.2k NOK → 857.9k NOK (+24.3%). Equity -37.7k NOK → 8.10m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT ØYSTEIN HANSEN AS.

Scorecard

Revenue
690.2k NOK 857.9k NOK
+24.3%
Operating result
+16.6k NOK +185.0k NOK
+1015.1%
Net result
+10.1k NOK n/m
—
Equity
-37.7k NOK 8.10m NOK
+21613.5%
Cash
45.5k NOK 18.5k NOK
-59.4%
Total assets
229.8k NOK 365.6k NOK
+59.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 690.2k NOK to 857.9k NOK (+24.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +16.6k NOK → +185.0k NOK (op. margin 2.4% → 21.6%). Calculated

  • ↑

    Equity strengthened

    Book equity -37.7k NOK → 8.10m NOK (equity ratio -16.4% → 2215.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.79× → 1.39×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 45.5k NOK → 18.5k NOK (-59.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 419 NOK → 324.1k NOK (0% → 38% of revenue). Calculated