Org.nr 913 871 618 2015 → 2016 Year-over-year analysis

ADVOKATFIRMA GEIRR FRØNES AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-04-24; registry 2017-05-09; journal 2017 311414

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA GEIRR FRØNES AS. Revenue 2.67m NOK → 2.55m NOK (-4.3%). Equity 463.6k NOK → 505.7k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.67m NOK 2.55m NOK
-4.3%
Operating result
+107.8k NOK +43.9k NOK
-59.3%
Equity
463.6k NOK 505.7k NOK
+9.1%
Cash
418.1k NOK 494.7k NOK
+18.3%
Total assets
1.08m NOK 964.0k NOK
-10.6%

What improved

  • ↑

    Equity strengthened

    Book equity 463.6k NOK → 505.7k NOK (equity ratio 43.0% → 52.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 418.1k NOK → 494.7k NOK (+18.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.95m NOK → 1.93m NOK (73% → 75% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.67m NOK to 2.55m NOK (-4.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +107.8k NOK → +43.9k NOK (op. margin 4.0% → 1.7%). Calculated