Org.nr 894 266 732 2015 → 2016 Year-over-year analysis

ADVOKAT PER ANDERS LØVSLETTEN AS: årsregnskap 2016 vs 2015

Shrank 12% on revenue, stronger earnings

approved 2017-04-25; registry 2017-05-02; journal 2017 302841

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT PER ANDERS LØVSLETTEN AS. Revenue 682.7k NOK → 600.8k NOK (-12.0%). Net result +125.4k NOK → +162.5k NOK. Equity 630.0k NOK → 622.5k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
682.7k NOK 600.8k NOK
-12.0%
Operating result
+160.9k NOK +216.2k NOK
+34.3%
Net result
+125.4k NOK +162.5k NOK
+29.6%
Equity
630.0k NOK 622.5k NOK
-1.2%
Cash
476.0k NOK 531.4k NOK
+11.7%
Total assets
741.5k NOK 759.6k NOK
+2.4%

What improved

  • ↑

    Operating result improved

    Operating result +160.9k NOK → +216.2k NOK (op. margin 23.6% → 36.0%). Calculated

  • ↑

    Net result improved

    Net result +125.4k NOK → +162.5k NOK (net margin 18.4% → 27.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 476.0k NOK → 531.4k NOK (+11.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 244.4k NOK → 194.4k NOK (36% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 682.7k NOK to 600.8k NOK (-12.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 630.0k NOK → 622.5k NOK (equity ratio 85.0% → 82.0%). Calculated