Org.nr 915 624 405 2015 → 2016 Year-over-year analysis

ADVOKAT SIRI ØVSTEBØ AS: årsregnskap 2016 vs 2015

Grew 84284% on revenue

approved 2017-06-30; registry 2017-07-19; journal 2017 719952

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT SIRI ØVSTEBØ AS. Revenue 1 716 NOK → 1.45m NOK (+84284.3%). Equity 183.5k NOK → 101.0k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT SIRI ØVSTEBØ AS.

Scorecard

Revenue
1 716 NOK 1.45m NOK
+84284.3%
Operating result
+332.8k NOK n/m
—
Net result
+238.1k NOK n/m
—
Equity
183.5k NOK 101.0k NOK
-45.0%
Cash
40.0k NOK 55.2k NOK
+38.0%
Total assets
766.2k NOK 701.5k NOK
-8.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 716 NOK to 1.45m NOK (+84284.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 40.0k NOK → 55.2k NOK (+38.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 183.5k NOK → 101.0k NOK (equity ratio 23.9% → 14.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 183.5k NOK → 101.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1 945 NOK → 965.3k NOK (113% → 67% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1 904 NOK → 8 590 NOK (+351.2% YoY). Calculated