Org.nr 912 016 056 2015 → 2016 Year-over-year analysis

ADVOKATFIRMA FREIBU AS: årsregnskap 2016 vs 2015

Grew 7% on revenue, weaker earnings

approved 2017-04-27; registry 2017-05-08; journal 2017 309704

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA FREIBU AS. Revenue 3.60m NOK → 3.87m NOK (+7.5%). Net result +962.5k NOK → +463.6k NOK. Equity 3.30m NOK → 3.77m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA FREIBU AS.

Scorecard

Revenue
3.60m NOK 3.87m NOK
+7.5%
Operating result
+1.31m NOK +616.7k NOK
-52.8%
Net result
+962.5k NOK +463.6k NOK
-51.8%
Equity
3.30m NOK 3.77m NOK
+14.0%
Cash
874.5k NOK 855.2k NOK
-2.2%
Total assets
6.11m NOK 6.47m NOK
+5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.60m NOK to 3.87m NOK (+7.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.30m NOK → 3.77m NOK (equity ratio 54.1% → 58.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.31m NOK → +616.7k NOK (op. margin 36.3% → 15.9%). Calculated

  • ↓

    Net result weakened

    Net result +962.5k NOK → +463.6k NOK (net margin 26.7% → 12.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 874.5k NOK → 855.2k NOK (-2.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.05m NOK → 1.97m NOK (29% → 51% of revenue). Calculated