Org.nr 987 902 248 2015 → 2016 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2016 vs 2015

Shrank 23% on revenue, stronger earnings

approved 2017-06-03; registry 2017-07-12; journal 2017 671191

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 4.71m NOK → 3.61m NOK (-23.4%). Net result +291.8k NOK → +448.5k NOK. Equity 2.23m NOK → 2.38m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.71m NOK 3.61m NOK
-23.4%
Operating result
+165.3k NOK n/m
—
Net result
+291.8k NOK +448.5k NOK
+53.7%
Equity
2.23m NOK 2.38m NOK
+6.7%
Cash
558.9k NOK 292.1k NOK
-47.7%
Total assets
4.54m NOK 4.52m NOK
-0.4%

What improved

  • ↑

    Net result improved

    Net result +291.8k NOK → +448.5k NOK (net margin 6.2% → 12.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.23m NOK → 2.38m NOK (equity ratio 49.2% → 52.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.71m NOK to 3.61m NOK (-23.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 558.9k NOK → 292.1k NOK (-47.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.57m NOK → 1.91m NOK (33% → 53% of revenue). Calculated