ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-06-30; registry 2017-07-06; journal 2017 606605
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 9.71m NOK → 9.23m NOK (-4.9%). Equity 1.63m NOK → 1.51m NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
9.71m NOK
9.23m NOK
-4.9%
Operating result
n/m
-149.0k NOK
—
Equity
1.63m NOK
1.51m NOK
-7.4%
Cash
650.7k NOK
2 162 NOK
-99.7%
Total assets
4.00m NOK
3.55m NOK
-11.3%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.28× → 1.63×. Calculated
-
↑
Payroll decreased
Salary cost 6.78m NOK → 6.73m NOK (70% → 73% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.71m NOK to 9.23m NOK (-4.9% YoY). Calculated
-
↓
Equity eroded
Book equity 1.63m NOK → 1.51m NOK (equity ratio 40.9% → 42.7%). Calculated
-
↓
Cash fell
Bank deposits 650.7k NOK → 2 162 NOK (-99.7% YoY). Calculated