Org.nr 992 700 785 2015 → 2016 Year-over-year analysis

ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2016 vs 2015

Grew 16% on revenue, returned to profit

approved 2017-04-26; registry 2017-07-08; journal 2017 625154

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 1.83m NOK → 2.13m NOK (+15.9%). Net result -438.4k NOK → +145.6k NOK. Equity 347.3k NOK → 201.6k NOK.

On the constructive side: revenue rose; turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.83m NOK 2.13m NOK
+15.9%
Operating result
+450.8k NOK -130.5k NOK
-129.0%
Net result
-438.4k NOK +145.6k NOK
+133.2%
Equity
347.3k NOK 201.6k NOK
-41.9%
Cash
106.0k NOK 63.0k NOK
-40.5%
Total assets
1.30m NOK 425.9k NOK
-67.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.83m NOK to 2.13m NOK (+15.9% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 438.4k NOK to a profit of 145.6k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +450.8k NOK → -130.5k NOK (op. margin 24.6% → -6.1%). Calculated

  • ↓

    Equity eroded

    Book equity 347.3k NOK → 201.6k NOK (equity ratio 26.6% → 47.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 106.0k NOK → 63.0k NOK (-40.5% YoY). Calculated