ADVOKATFIRMA ØGLÆND & CO AS: årsregnskap 2016 vs 2015
Grew 33% on revenue, stronger earnings, cash halved-plus
approved 2017-03-21; registry 2017-04-01; journal 2017 256847
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA ØGLÆND & CO AS. Revenue 5.70m NOK → 7.60m NOK (+33.2%). Net result +50.0k NOK → +100.0k NOK. Equity 400 NOK → 500 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA ØGLÆND & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.70m NOK to 7.60m NOK (+33.2% YoY). Calculated
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↑
Operating result improved
Operating result +72.4k NOK → +143.5k NOK (op. margin 1.3% → 1.9%). Calculated
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↑
Net result improved
Net result +50.0k NOK → +100.0k NOK (net margin 0.9% → 1.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 719.4k NOK → 353.1k NOK (-50.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4.22m NOK → 6.04m NOK (74% → 79% of revenue). Calculated