ADVOKAT PETTER MELLO AS: årsregnskap 2016 vs 2015
Returned to profit
approved 2017-05-04; registry 2017-06-22; journal 2017 513154
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT PETTER MELLO AS. Revenue 1.60m NOK → 1.62m NOK (+1.3%). Net result -242.5k NOK → +215.3k NOK. Equity 652.2k NOK → 817.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT PETTER MELLO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.60m NOK to 1.62m NOK (+1.3% YoY). Calculated
-
↑
Operating result improved
Operating result -234.1k NOK → +215.2k NOK (op. margin -14.7% → 13.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 242.5k NOK to a profit of 215.3k NOK. Calculated
-
↑
Equity strengthened
Book equity 652.2k NOK → 817.5k NOK (equity ratio 43.9% → 71.8%). Calculated
-
↑
Payroll decreased
Salary cost 4.96m NOK → 4.70m NOK (311% → 291% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 614.6k NOK → 376.0k NOK (-38.8% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 83.7k NOK → 72.4k NOK (-13.6% YoY). Calculated