Org.nr 984 677 499 2015 → 2016 Year-over-year analysis

ADVOKATFIRMA TINGMANN AS: årsregnskap 2016 vs 2015

Grew 19% on revenue, weaker earnings

approved 2017-03-27; registry 2017-06-20; journal 2017 492015

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA TINGMANN AS. Revenue 8.41m NOK → 10.04m NOK (+19.3%). Net result +206.9k NOK → +120.4k NOK. Equity 1.67m NOK → 1.79m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA TINGMANN AS.

Scorecard

Revenue
8.41m NOK 10.04m NOK
+19.3%
Operating result
+423.6k NOK +250.6k NOK
-40.8%
Net result
+206.9k NOK +120.4k NOK
-41.8%
Equity
1.67m NOK 1.79m NOK
+7.2%
Cash
186.7k NOK 282.5k NOK
+51.3%
Total assets
5.29m NOK 4.50m NOK
-15.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.41m NOK to 10.04m NOK (+19.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.67m NOK → 1.79m NOK (equity ratio 31.6% → 39.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 186.7k NOK → 282.5k NOK (+51.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +423.6k NOK → +250.6k NOK (op. margin 5.0% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +206.9k NOK → +120.4k NOK (net margin 2.5% → 1.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.63m NOK → 6.67m NOK (67% → 66% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 340 NOK → 600.0k NOK. Reported fact