FirmaIQ
Org.nr 914 622 042 2015 → 2016 Year-over-year analysis

ADVOKATENE ENOKSEN & STEIRO AS: årsregnskap 2016 vs 2015

Shrank 10% on revenue

approved 2017-03-31; registry 2017-04-20; journal 2017 280225

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATENE ENOKSEN & STEIRO AS. Revenue 6.40m NOK → 5.75m NOK (-10.1%). Equity 3.45m NOK → 931.9k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATENE ENOKSEN & STEIRO AS.

At a glance

Scorecard

Revenue
6.40m NOK 5.75m NOK
-10.1%
Operating result
+790.0k NOK n/m
—
Equity
3.45m NOK 931.9k NOK
-73.0%
Cash
1 790 NOK 2.59m NOK
+144358.0%
Total assets
423.4k NOK 5.17m NOK
+1120.7%

What improved

  • ↑

    Cash rose

    Bank deposits 1 790 NOK → 2.59m NOK (+144358.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 1.18×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.40m NOK to 5.75m NOK (-10.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.45m NOK → 931.9k NOK (equity ratio 814.5% → 18.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4 639 NOK → 4.17m NOK (0% → 73% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3 000 NOK → 2 000 NOK. Reported fact