ADVOKATFIRMA MOEN ERIKSTEIN AS: årsregnskap 2016 vs 2015
Shrank 6% on revenue, cash halved-plus
approved 2017-04-24; registry 2017-04-27; journal 2017 297011
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA MOEN ERIKSTEIN AS. Revenue 3.90m NOK → 3.66m NOK (-6.3%). Net result +1.09m NOK → +897.3k NOK. Equity 7.40m NOK → 8.30m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MOEN ERIKSTEIN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 7.40m NOK → 8.30m NOK (equity ratio 80.0% → 91.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.90m NOK to 3.66m NOK (-6.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.38m NOK → +1.07m NOK (op. margin 35.4% → 29.1%). Calculated
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↓
Net result weakened
Net result +1.09m NOK → +897.3k NOK (net margin 28.0% → 24.5%). Calculated
-
↓
Cash fell
Bank deposits 737.2k NOK → 163.9k NOK (-77.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.51m NOK → 1.55m NOK (39% → 42% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5.80m NOK → 6.30m NOK. Reported fact