FirmaIQ
Org.nr 811 880 612 2015 → 2016 Year-over-year analysis

ADVOKAT STIG E. MORTENSEN AS: årsregnskap 2016 vs 2015

Returned to profit

approved 2017-02-01; registry 2017-03-06; journal 2017 220242

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT STIG E. MORTENSEN AS. Revenue 2.19m NOK → 2.25m NOK (+2.6%). Net result -2 819 NOK → +60.0k NOK. Equity 1.13m NOK → 1.14m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.19m NOK 2.25m NOK
+2.6%
Operating result
-19.9k NOK +61.5k NOK
+408.3%
Net result
-2 819 NOK +60.0k NOK
+2228.7%
Equity
1.13m NOK 1.14m NOK
+0.9%
Cash
722.0k NOK 549.3k NOK
-23.9%
Total assets
1.52m NOK 532.0k NOK
-65.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.19m NOK to 2.25m NOK (+2.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -19.9k NOK → +61.5k NOK (op. margin -0.9% → 2.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2 819 NOK to a profit of 60.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.13m NOK → 1.14m NOK (equity ratio 74.4% → 215.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.77m NOK → 1.63m NOK (81% → 73% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 722.0k NOK → 549.3k NOK (-23.9% YoY). Calculated