Org.nr 989 416 995 2015 → 2016 Year-over-year analysis

ADVOKATFIRMA SEKSE & CO. AS: årsregnskap 2016 vs 2015

Grew 18% on revenue

approved 2017-03-31; registry 2017-05-16; journal 2017 321640

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA SEKSE & CO. AS. Revenue 17.35m NOK → 20.40m NOK (+17.6%). Equity 4.87m NOK → 867.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA SEKSE & CO. AS.

At a glance

Revenue

17.35m NOK 20.40m NOK

+17.6%

Operating result

-16.3k NOK n/m

—

Net result

-17.4k NOK n/m

—

Equity

4.87m NOK 867.9k NOK

-82.2%

Cash

2.09m NOK 2.80m NOK

+33.8%

Total assets

8.31m NOK 10.98m NOK

+32.2%

↑
Revenue rose

Operating income / revenue moved from 17.35m NOK to 20.40m NOK (+17.6% YoY). Calculated
↑
Cash rose

Bank deposits 2.09m NOK → 2.80m NOK (+33.8% YoY). Calculated

↓
Equity eroded

Book equity 4.87m NOK → 867.9k NOK (equity ratio 58.7% → 7.9%). Calculated

·
Thin equity buffer

Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 1.50m NOK → 2.25m NOK (9% → 11% of revenue). Calculated