ADVOKATENE BJØRBÆK AS: årsregnskap 2016 vs 2015
Shrank 6% on revenue, weaker earnings
approved 2017-04-17; registry 2017-05-08; journal 2017 310302
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATENE BJØRBÆK AS. Revenue 2.63m NOK → 2.48m NOK (-5.7%). Net result +79.4k NOK → +26.9k NOK. Equity 132.7k NOK → 159.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 132.7k NOK → 159.6k NOK (equity ratio 20.1% → 22.2%). Calculated
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↑
Payroll decreased
Salary cost 1.89m NOK → 1.80m NOK (72% → 73% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.63m NOK to 2.48m NOK (-5.7% YoY). Calculated
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↓
Operating result weakened
Operating result +134.6k NOK → +28.4k NOK (op. margin 5.1% → 1.1%). Calculated
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↓
Net result weakened
Net result +79.4k NOK → +26.9k NOK (net margin 3.0% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 75.1k NOK → 72.4k NOK (-3.6% YoY). Calculated