Org.nr 999 611 885 2015 → 2016 Year-over-year analysis

ADVOKATENE GRAASVOLD & STENVAAG AS: årsregnskap 2016 vs 2015

Grew 52% on revenue

approved 2017-03-20; registry 2017-03-28; journal 2017 249438

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATENE GRAASVOLD & STENVAAG AS. Revenue 3.41m NOK → 5.17m NOK (+51.6%). Equity 42.4k NOK → 43.1k NOK.

On the constructive side: revenue rose; cash rose.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATENE GRAASVOLD & STENVAAG AS.

Scorecard

Revenue
3.41m NOK 5.17m NOK
+51.6%
Operating result
n/m +746.0k NOK
—
Net result
n/m +579.7k NOK
—
Equity
42.4k NOK 43.1k NOK
+1.6%
Cash
743.1k NOK 768.6k NOK
+3.4%
Total assets
1.59m NOK 1.88m NOK
+18.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.41m NOK to 5.17m NOK (+51.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 743.1k NOK → 768.6k NOK (+3.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.85m NOK → 3.00m NOK (54% → 58% of revenue). Calculated