FirmaIQ
Org.nr 912 829 022 2015 → 2016 Year-over-year analysis

ADVOKATFIRMA MJAASETH AS: årsregnskap 2016 vs 2015

Shrank 6% on revenue, stronger earnings

approved 2017-01-12; registry 2017-03-13; journal 2017 226132

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA MJAASETH AS. Revenue 1.81m NOK → 1.69m NOK (-6.4%). Net result +46.2k NOK → +8.20m NOK. Equity 416.5k NOK → 369.8k NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.81m NOK 1.69m NOK
-6.4%
Net result
+46.2k NOK +8.20m NOK
+17652.8%
Equity
416.5k NOK 369.8k NOK
-11.2%
Cash
1.52m NOK 1.59m NOK
+4.9%
Total assets
1.98m NOK 2.17m NOK
+9.6%

What improved

  • ↑

    Net result improved

    Net result +46.2k NOK → +8.20m NOK (net margin 2.6% → 485.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.52m NOK → 1.59m NOK (+4.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 1.69m NOK (-6.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 416.5k NOK → 369.8k NOK (equity ratio 21.0% → 17.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.27× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated