FirmaIQ
Org.nr 991 556 664 2015 → 2016 Year-over-year analysis

ADVOKATENE HOVDE MNA AS: årsregnskap 2016 vs 2015

Shrank 22% on revenue, weaker earnings

approved 2017-04-27; registry 2017-08-05; journal 2017 818602

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATENE HOVDE MNA AS. Revenue 4.82m NOK → 3.76m NOK (-21.8%). Net result +221.9k NOK → +96.0k NOK. Equity 571.2k NOK → 667.2k NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.82m NOK 3.76m NOK
-21.8%
Operating result
+323.9k NOK n/m
—
Net result
+221.9k NOK +96.0k NOK
-56.7%
Equity
571.2k NOK 667.2k NOK
+16.8%
Cash
745.2k NOK 501.6k NOK
-32.7%
Total assets
2.73m NOK 2.26m NOK
-17.0%

What improved

  • ↑

    Equity strengthened

    Book equity 571.2k NOK → 667.2k NOK (equity ratio 20.9% → 29.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.96× → 1.01×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.60m NOK → 2.55m NOK (54% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.82m NOK to 3.76m NOK (-21.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +221.9k NOK → +96.0k NOK (net margin 4.6% → 2.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 745.2k NOK → 501.6k NOK (-32.7% YoY). Calculated