FirmaIQ
Org.nr 987 363 525 2015 → 2016 Year-over-year analysis

ADVOKATFIRMA RIISØEN AS: årsregnskap 2016 vs 2015

Grew 10% on revenue, stronger earnings

approved 2017-04-28; registry 2017-05-20; journal 2017 333195

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA RIISØEN AS. Revenue 1.51m NOK → 1.66m NOK (+9.6%). Net result +35.3k NOK → +233.0k NOK. Equity 326.3k NOK → 559.4k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.51m NOK 1.66m NOK
+9.6%
Operating result
-5 260 NOK +331.1k NOK
+6394.9%
Net result
+35.3k NOK +233.0k NOK
+560.7%
Equity
326.3k NOK 559.4k NOK
+71.4%
Cash
255.7k NOK 578.2k NOK
+126.2%
Total assets
689.0k NOK 48.6k NOK
-92.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.51m NOK to 1.66m NOK (+9.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -5 260 NOK → +331.1k NOK (op. margin -0.3% → 20.0%). Calculated

  • ↑

    Net result improved

    Net result +35.3k NOK → +233.0k NOK (net margin 2.3% → 14.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 326.3k NOK → 559.4k NOK (equity ratio 47.4% → 1150.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 255.7k NOK → 578.2k NOK (+126.2% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.90× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated