ADVOKATENE SVEEN AS: årsregnskap 2016 vs 2015
Shrank 11% on revenue, slipped into loss
approved 2017-04-30; registry 2017-07-10; journal 2017 647598
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATENE SVEEN AS. Revenue 3.03m NOK → 2.70m NOK (-10.6%). Net result +202.0k NOK → -12.4k NOK. Equity 348.0k NOK → 460.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATENE SVEEN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 348.0k NOK → 460.2k NOK (equity ratio 550.0% → 39.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.03m NOK to 2.70m NOK (-10.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +343.3k NOK → +28.2k NOK (op. margin 11.3% → 1.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 202.0k NOK profit to a loss of 12.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 94.7k NOK → 92.7k NOK (-2.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.39× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 115.0k NOK → 70.0k NOK. Reported fact