Org.nr 912 389 456 2015 → 2016 Year-over-year analysis

ADVOKAT STIAN HATLEBERG AS: årsregnskap 2016 vs 2015

Grew 31% on revenue, stronger earnings

approved 2017-04-03; registry 2017-04-18; journal 2017 272969

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT STIAN HATLEBERG AS. Revenue 1.86m NOK → 2.43m NOK (+30.5%). Net result +498.4k NOK → +791.6k NOK. Equity 652.8k NOK → 844.4k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT STIAN HATLEBERG AS.

Scorecard

Revenue
1.86m NOK 2.43m NOK
+30.5%
Operating result
+686.4k NOK +64.2k NOK
-90.6%
Net result
+498.4k NOK +791.6k NOK
+58.8%
Equity
652.8k NOK 844.4k NOK
+29.4%
Cash
582.5k NOK 631.8k NOK
+8.5%
Total assets
1.46m NOK 2.02m NOK
+38.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.86m NOK to 2.43m NOK (+30.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +498.4k NOK → +791.6k NOK (net margin 26.8% → 32.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 652.8k NOK → 844.4k NOK (equity ratio 44.7% → 41.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 582.5k NOK → 631.8k NOK (+8.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.15× → 7.68×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +686.4k NOK → +64.2k NOK (op. margin 36.9% → 2.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 570.4k NOK → 606.6k NOK (31% → 25% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8 225 NOK → 631.8k NOK. Reported fact