Org.nr 996 242 307 2015 → 2016 Year-over-year analysis

ADVOKATENE BORGERSEN & STEINSVÅG AS: årsregnskap 2016 vs 2015

Grew 7% on revenue

approved 2017-03-03; registry 2017-04-18; journal 2017 273963

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATENE BORGERSEN & STEINSVÅG AS. Revenue 4.50m NOK → 4.83m NOK (+7.3%). Equity 932.3k NOK → 401.4k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE BORGERSEN & STEINSVÅG AS.

At a glance

Revenue

4.50m NOK 4.83m NOK

+7.3%

Operating result

n/m +619.4k NOK

—

Net result

n/m +469.1k NOK

—

Equity

932.3k NOK 401.4k NOK

-56.9%

Cash

498.2k NOK 270.4k NOK

-45.7%

Total assets

2.55m NOK 3.34m NOK

+31.0%

↑
Revenue rose

Operating income / revenue moved from 4.50m NOK to 4.83m NOK (+7.3% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.80× → 1.61×. Calculated

↓
Equity eroded

Book equity 932.3k NOK → 401.4k NOK (equity ratio 36.5% → 12.0%). Calculated
↓
Cash fell

Bank deposits 498.2k NOK → 270.4k NOK (-45.7% YoY). Calculated

·
Payroll increased

Salary cost 2.28m NOK → 2.87m NOK (51% → 59% of revenue). Calculated