ADVOKAT SANDVOLD AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-05-19; registry 2017-06-06; journal 2017 392643
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT SANDVOLD AS. Revenue 909.2k NOK → 944.9k NOK (+3.9%). Equity 134.4k NOK → 8 058 NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT SANDVOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 909.2k NOK to 944.9k NOK (+3.9% YoY). Calculated
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↑
Cash rose
Bank deposits 69.9k NOK → 115.2k NOK (+64.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 6750.94bn NOK → 5 NOK (742482532% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 134.4k NOK → 8 058 NOK (equity ratio 38.7% → 2.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation