ADVOKAT SIGVALD ARNE MORTVEIT AS: årsregnskap 2016 vs 2015
Grew 84298% on revenue, slipped into loss
approved 2017-04-27; registry 2017-07-08; journal 2017 623398
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT SIGVALD ARNE MORTVEIT AS. Revenue 929.6k NOK → 784.54m NOK (+84298.1%). Net result +184.6k NOK → -64.4k NOK. Equity 437.2k NOK → 372.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT SIGVALD ARNE MORTVEIT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 929.6k NOK to 784.54m NOK (+84298.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +204.1k NOK → +64.3k NOK (op. margin 22.0% → 0.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 184.6k NOK profit to a loss of 64.4k NOK. Calculated
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↓
Equity eroded
Book equity 437.2k NOK → 372.9k NOK (equity ratio 56.7% → 61.5%). Calculated
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↓
Cash fell
Bank deposits 77.3k NOK → 57.2k NOK (-26.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 268.8k NOK → 336.7k NOK (29% → 0% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 134.3k NOK → 159.0k NOK (+18.4% YoY). Calculated