Org.nr 978 684 432 2015 → 2016 Year-over-year analysis

ADVOKAT TOM HERMANSEN AS: årsregnskap 2016 vs 2015

Shrank 32% on revenue

approved 2017-04-25; registry 2017-05-04; journal 2017 306814

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT TOM HERMANSEN AS. Revenue 2.18m NOK → 1.49m NOK (-31.5%). Equity 690.7k NOK → 619.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
2.18m NOK 1.49m NOK
-31.5%
Equity
690.7k NOK 619.3k NOK
-10.3%
Cash
366.4k NOK 198.4k NOK
-45.8%
Total assets
1.28m NOK 1.16m NOK
-9.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.46m NOK → 1.38m NOK (113% → 92% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.18m NOK to 1.49m NOK (-31.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 690.7k NOK → 619.3k NOK (equity ratio 53.9% → 53.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 366.4k NOK → 198.4k NOK (-45.8% YoY). Calculated