Org.nr 989 930 958 2015 → 2016 Year-over-year analysis

ADVOKAT STENSLAND & CO AS: årsregnskap 2016 vs 2015

Grew 17% on revenue

approved 2017-04-25; registry 2017-05-04; journal 2017 305434

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT STENSLAND & CO AS. Revenue 1.53m NOK → 1.79m NOK (+16.5%). Equity 241.2k NOK → 219.6k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT STENSLAND & CO AS.

Scorecard

Revenue
1.53m NOK 1.79m NOK
+16.5%
Net result
n/m -21.6k NOK
—
Equity
241.2k NOK 219.6k NOK
-9.0%
Cash
485.7k NOK 485.8k NOK
+0.0%
Total assets
742 NOK 607.38m NOK
+81856873.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.53m NOK to 1.79m NOK (+16.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1566.34×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 241.2k NOK → 219.6k NOK (equity ratio 32510.6% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 641.9k NOK → 793.3k NOK (42% → 44% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 590.4k NOK → 862.4k NOK (+46.1% YoY). Calculated