Org.nr 913 879 805 2015 → 2016 Year-over-year analysis

ADVOKAT VEGARD AUSTGULEN AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-05-07; registry 2017-05-20; journal 2017 332201

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT VEGARD AUSTGULEN AS. Revenue 2.03m NOK → 1.95m NOK (-4.1%). Net result +290.4k NOK → +117.9k NOK. Equity 129.4k NOK → 147.3k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT VEGARD AUSTGULEN AS.

Scorecard

Revenue
2.03m NOK 1.95m NOK
-4.1%
Net result
+290.4k NOK +117.9k NOK
-59.4%
Equity
129.4k NOK 147.3k NOK
+13.9%
Cash
541.8k NOK 322.3k NOK
-40.5%
Total assets
1.06m NOK 893.7k NOK
-15.4%

What improved

  • ↑

    Equity strengthened

    Book equity 129.4k NOK → 147.3k NOK (equity ratio 12.2% → 16.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.03m NOK to 1.95m NOK (-4.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +290.4k NOK → +117.9k NOK (net margin 14.3% → 6.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 541.8k NOK → 322.3k NOK (-40.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 434.7k NOK → 434 NOK (-99.9% YoY). Calculated